Embecta Dividend
Dividend criteria checks 2/6
Embecta is a dividend paying company with a current yield of 4.62% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 24th May, 2024.
Key information
4.6%
Dividend yield
49%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 14 Jun 24 |
Ex dividend date | 24 May 24 |
Dividend per share | n/a |
Earnings per share | €1.22 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, JX7 has been paying a dividend for less than 10 years.
Growing Dividend: JX7 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Embecta Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (JX7) | 4.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Medical Equipment) | 1.7% |
Analyst forecast in 3 Years (JX7) | 4.3% |
Notable Dividend: JX7's dividend (4.62%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: JX7's dividend (4.62%) is low compared to the top 25% of dividend payers in the German market (4.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.1%), JX7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (368.1%), JX7's dividend payments are not well covered by cash flows.