California Water Service Group Dividend
Dividend criteria checks 4/6
California Water Service Group is a dividend paying company with a current yield of 2.1% that is well covered by earnings.
Key information
2.1%
Dividend yield
42%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.49 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WT5's dividends per share have been stable in the past 10 years.
Growing Dividend: WT5's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
California Water Service Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (WT5) | 2.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Water Utilities) | 4.4% |
Analyst forecast in 3 Years (WT5) | 2.4% |
Notable Dividend: WT5's dividend (2.1%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: WT5's dividend (2.1%) 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 (42.3%), WT5's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: WT5 is paying a dividend but the company has no free cash flows.