Constellation Brands Dividend
Dividend criteria checks 2/6
Constellation Brands is a dividend paying company with a current yield of 1.59% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
1.6%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | €9.44 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CB1A has been paying a dividend for less than 10 years.
Growing Dividend: CB1A's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Constellation Brands Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CB1A) | 1.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.6% |
| Industry Average (Beverage) | 2.7% |
| Analyst forecast in 3 Years (CB1A) | 1.8% |
Notable Dividend: CB1A's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: CB1A's dividend (1.59%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.8%), CB1A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), CB1A's dividend payments are well covered by cash flows.