Corebridge Financial Dividend
Dividend criteria checks 3/6
Corebridge Financial is a dividend paying company with a current yield of 3.25% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
3.2%
Dividend yield
24%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | €4.01 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (AS5) | 3.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Diversified Financial) | 2.7% |
Analyst forecast in 3 Years (AS5) | 4.1% |
Notable Dividend: AS5's dividend (3.25%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: AS5's dividend (3.25%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24%), AS5's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.3%), AS5's dividend payments are well covered by cash flows.