Desarrollos Especiales de Sistemas de Anclaje Dividend
Dividend criteria checks 4/6
Desarrollos Especiales de Sistemas de Anclaje is a dividend paying company with a current yield of 6.85% that is well covered by earnings.
Key information
6.9%
Dividend yield
71%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.20 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DESA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DESA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Desarrollos Especiales de Sistemas de Anclaje Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DESA) | 6.9% |
Market Bottom 25% (ES) | 2.3% |
Market Top 25% (ES) | 5.8% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (DESA) | 6.8% |
Notable Dividend: DESA's dividend (6.85%) is higher than the bottom 25% of dividend payers in the Spanish market (2.25%).
High Dividend: DESA's dividend (6.85%) is in the top 25% of dividend payers in the Spanish market (5.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), DESA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), DESA's dividend payments are well covered by cash flows.