Azkoyen Dividend

What is Azkoyen current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.68%

Current Dividend Yield

Dividend Yield vs Market

Azkoyen Dividend Yield vs Market
How does AZK dividend yield compare to the market?
SegmentDividend Yield
Company (AZK)3.7%
Market Bottom 25% (ES)2.3%
Market Top 25% (ES)5.9%
Industry Average (Machinery)4.7%
Analyst forecast in 3 Years (AZK)n/a

Notable Dividend: AZK's dividend (3.68%) is higher than the bottom 25% of dividend payers in the Spanish market (2.28%).

High Dividend: AZK's dividend (3.68%) is low compared to the top 25% of dividend payers in the Spanish market (5.91%).


Stability and Growth of Payments

How stable has Azkoyen's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/20/20230.243.68
7/29/20220.243.96
3/9/20220.244.06
2/28/20220.244.58
6/12/20210.23.57
7/31/20170.141.76
2/28/20170.141.86
7/29/20160.0941.67
2/29/20160.0942.14
8/31/20150.082.27

Stable Dividend: Whilst dividend payments have been stable, AZK has been paying a dividend for less than 10 years.

Growing Dividend: AZK's dividend payments have increased, but the company has only paid a dividend for 7 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.3%), AZK's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (73.3%), AZK's dividend payments are covered by cash flows.


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