ChampionX is a dividend paying company with a current yield of 1.16% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
1.2%
Dividend yield
19%
Payout ratio
Industry average yield
4.0%
Next dividend pay date
26 Jul 24
Ex dividend date
05 Jul 24
Dividend per share
n/a
Earnings per share
€1.91
Dividend yield forecast in 3Y
1.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, X9P has been paying a dividend for less than 10 years.
Growing Dividend: X9P's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
ChampionX Dividend Yield vs Market
How does X9P dividend yield compare to the market?
Segment
Dividend Yield
Company (X9P)
1.2%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Energy Services)
4.0%
Analyst forecast in 3 Years (X9P)
1.5%
Notable Dividend: X9P's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: X9P's dividend (1.16%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.7%), X9P's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.3%), X9P's dividend payments are well covered by cash flows.