Cargotec Dividend
Dividend criteria checks 5/6
Cargotec is a dividend paying company with a current yield of 3.5% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.5%
Dividend yield
40%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | 10 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | €5.39 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Cargotec (HEL:CGCBV) Is Increasing Its Dividend To €1.35
Feb 21
Cargotec's (HEL:CGCBV) Dividend Will Be Increased To €1.34
Feb 07Recent updates
Here's Why Cargotec (HEL:CGCBV) Has Caught The Eye Of Investors
Mar 09Is Cargotec Corporation (HEL:CGCBV) Trading At A 28% Discount?
Jan 29Is Cargotec (HEL:CGCBV) A Risky Investment?
Jan 17Is There Now An Opportunity In Cargotec Corporation (HEL:CGCBV)?
Jan 05Market Still Lacking Some Conviction On Cargotec Corporation (HEL:CGCBV)
Dec 24We Ran A Stock Scan For Earnings Growth And Cargotec (HEL:CGCBV) Passed With Ease
Nov 15Are Investors Undervaluing Cargotec Corporation (HEL:CGCBV) By 41%?
Oct 18Is It Time To Consider Buying Cargotec Corporation (HEL:CGCBV)?
Sep 20Cargotec (HEL:CGCBV) Seems To Use Debt Quite Sensibly
Aug 16Calculating The Fair Value Of Cargotec Corporation (HEL:CGCBV)
Jul 05What Does Cargotec Corporation's (HEL:CGCBV) Share Price Indicate?
Jun 01Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?
May 17Cargotec (HEL:CGCBV) Is Increasing Its Dividend To €1.35
Feb 21Cargotec's (HEL:CGCBV) Dividend Will Be Increased To €1.34
Feb 07Is Now An Opportune Moment To Examine Cargotec Corporation (HEL:CGCBV)?
Jan 29Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?
Dec 05Should You Think About Buying Cargotec Corporation (HEL:CGCBV) Now?
Oct 17Cargotec Corporation (HEL:CGCBV) Shares Could Be 36% Below Their Intrinsic Value Estimate
Oct 04These 4 Measures Indicate That Cargotec (HEL:CGCBV) Is Using Debt Reasonably Well
Aug 18When Should You Buy Cargotec Corporation (HEL:CGCBV)?
Apr 28Cargotec (HEL:CGCBV) Has Affirmed Its Dividend Of €1.08
Feb 05Here's Why I Think Cargotec (HEL:CGCBV) Is An Interesting Stock
Feb 04Cargotec (HEL:CGCBV) Has A Pretty Healthy Balance Sheet
Jan 17Should You Think About Buying Cargotec Corporation (HEL:CGCBV) Now?
Dec 09These 4 Measures Indicate That Cargotec (HEL:CGCBV) Is Using Debt Extensively
Oct 17A Look At The Fair Value Of Cargotec Corporation (HEL:CGCBV)
Sep 28Is Now The Time To Look At Buying Cargotec Corporation (HEL:CGCBV)?
Sep 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGCBV's dividends per share have been stable in the past 10 years.
Growing Dividend: CGCBV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cargotec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGCBV) | 3.5% |
| Market Bottom 25% (FI) | 2.9% |
| Market Top 25% (FI) | 5.9% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast in 3 Years (CGCBV) | 3.3% |
Notable Dividend: CGCBV's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Finnish market (2.92%).
High Dividend: CGCBV's dividend (3.5%) is low compared to the top 25% of dividend payers in the Finnish market (5.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.9%), CGCBV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39%), CGCBV's dividend payments are well covered by cash flows.