Enact Holdings Dividend
Dividend criteria checks 3/6
Enact Holdings is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
16%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.450 |
| Earnings per share | €4.28 |
| Dividend yield forecast | 2.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 61W has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 61W's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Enact Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (61W) | 4.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Diversified Financial) | 2.5% |
| Analyst forecast (61W) (up to 3 years) | 2.7% |
Notable Dividend: 61W's dividend (4%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: 61W's dividend (4%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.3%), 61W's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), 61W's dividend payments are well covered by cash flows.