Corebridge Financial Dividends and Buybacks
Dividend criteria checks 2/6
Corebridge Financial is a dividend paying company with a current yield of 2.87%. Next payment date is on 31st December, 2024 with an ex-dividend date of 17th December, 2024.
Key information
2.9%
Dividend yield
9.0%
Buyback Yield
| Total Shareholder Yield | 11.9% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | -24.3% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 17 Dec 24 |
| Dividend per share | €0.920 |
| Payout ratio | -45% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, AS5 has been paying a dividend for less than 10 years.
Growing Dividend: AS5 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Corebridge Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AS5) | 2.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Diversified Financial) | 2.7% |
| Analyst forecast (AS5) (up to 3 years) | 3.6% |
Notable Dividend: AS5's dividend (2.87%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: AS5's dividend (2.87%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: AS5 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.4%), AS5's dividend payments are well covered by cash flows.