Finning International Dividends and Buybacks
Dividend criteria checks 5/6
Finning International is a dividend paying company with a current yield of 2.88% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 28th November, 2024.
Key information
2.9%
Dividend yield
5.4%
Buyback Yield
| Total Shareholder Yield | 8.3% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -0.6% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | €0.732 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIH's dividends per share have been stable in the past 10 years.
Growing Dividend: CIH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Finning International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIH) | 2.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (CIH) (up to 3 years) | 2.9% |
Notable Dividend: CIH's dividend (2.88%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: CIH's dividend (2.88%) is low compared to the top 25% of dividend payers in the German market (4.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), CIH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.6%), CIH's dividend payments are well covered by cash flows.