ConvaTec Group Dividend
Dividend criteria checks 3/6
ConvaTec Group is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.1%
Dividend yield
84%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.0623 |
| Earnings per share | €0.075 |
| Dividend yield forecast | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2CVU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2CVU's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| ConvaTec Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2CVU) | 2.1% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Medical Equipment) | 1.9% |
| Analyst forecast (2CVU) (up to 3 years) | 2.4% |
Notable Dividend: 2CVU's dividend (2.05%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 2CVU's dividend (2.05%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.8%), 2CVU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), 2CVU's dividend payments are well covered by cash flows.