Azkoyen Dividend
What is Azkoyen current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend 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 |
|---|
| Segment | Dividend 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
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/20/2023 | 0.24 | 3.68 |
| 7/29/2022 | 0.24 | 3.96 |
| 3/9/2022 | 0.24 | 4.06 |
| 2/28/2022 | 0.24 | 4.58 |
| 6/12/2021 | 0.2 | 3.57 |
| 7/31/2017 | 0.14 | 1.76 |
| 2/28/2017 | 0.14 | 1.86 |
| 7/29/2016 | 0.094 | 1.67 |
| 2/29/2016 | 0.094 | 2.14 |
| 8/31/2015 | 0.08 | 2.27 |
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.