Cactus Dividends and Buybacks
Dividend criteria checks 2/6
Cactus is a dividend paying company with a current yield of 0.75% that is well covered by earnings. Next payment date is on 19th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
0.8%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -12.5% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | €0.520 |
| Payout ratio | 17% |
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, 43C has been paying a dividend for less than 10 years.
Growing Dividend: 43C's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Cactus Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (43C) | 0.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Energy Services) | 4.0% |
| Analyst forecast (43C) (up to 3 years) | 0.7% |
Notable Dividend: 43C's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 43C's dividend (0.75%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.2%), 43C's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.6%), 43C's dividend payments are thoroughly covered by cash flows.