Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative (EPA:CCN) Pays A €3.27 Dividend In Just Four Days

It looks like Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative (EPA:CCN) is about to go ex-dividend in the next four days. The ex-dividend date is two business days before a company's record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. Meaning, you will need to purchase Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative's shares before the 13th of May to receive the dividend, which will be paid on the 15th of May.

The company's next dividend payment will be €3.27 per share. Last year, in total, the company distributed €3.27 to shareholders. Based on the last year's worth of payments, Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative stock has a trailing yield of around 3.3% on the current share price of €98.50. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if it's growing.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative paid out a comfortable 25% of its profit last year.

Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is.

View our latest analysis for Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative

Click here to see how much of its profit Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative paid out over the last 12 months.

Have Earnings And Dividends Been Growing?

Stocks with flat earnings can still be attractive dividend payers, but it is important to be more conservative with your approach and demand a greater margin for safety when it comes to dividend sustainability. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're not enthused to see that Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative's earnings per share have remained effectively flat over the past five years. Better than seeing them fall off a cliff, for sure, but the best dividend stocks grow their earnings meaningfully over the long run.

Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative's dividend payments per share have declined at 4.8% per year on average over the past 10 years, which is uninspiring.

Final Takeaway

Has Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative got what it takes to maintain its dividend payments? Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative's earnings per share are basically flat over the past five years, although it has the cushion of a low payout ratio, which would suggest a cut to the dividend is relatively unlikely. We think there are likely better opportunities out there.

If you're not too concerned about Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative's ability to pay dividends, you should still be mindful of some of the other risks that this business faces. Case in point: We've spotted 1 warning sign for Caisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative you should be aware of.

Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.