CDA is a dividend paying company with a current yield of 5.2% that is well covered by earnings. Next payment date is on 26th September, 2024 with an ex-dividend date of 5th September, 2024.
Key information
5.2%
Dividend yield
72%
Payout ratio
Industry average yield
1.7%
Next dividend pay date
26 Sep 24
Ex dividend date
05 Sep 24
Dividend per share
n/a
Earnings per share
€2.63
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6LC has been paying a dividend for less than 10 years.
Growing Dividend: 6LC's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
CDA Dividend Yield vs Market
How does 6LC dividend yield compare to the market?
Segment
Dividend Yield
Company (6LC)
5.2%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Entertainment)
1.7%
Analyst forecast in 3 Years (6LC)
n/a
Notable Dividend: 6LC's dividend (5.2%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: 6LC's dividend (5.2%) is in the top 25% of dividend payers in the German market (4.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.2%), 6LC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), 6LC's dividend payments are covered by cash flows.