COFACE Dividend
Dividend criteria checks 4/6
COFACE is a dividend paying company with a current yield of 9% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
9.0%
Dividend yield
81%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | €1.61 |
| Dividend yield forecast in 3Y | 9.5% |
Recent dividend updates
Recent updates
The COFACE SA (EPA:COFA) Yearly Results Are Out And Analysts Have Published New Forecasts
Mar 02
Could The COFACE SA (EPA:COFA) Ownership Structure Tell Us Something Useful?
Mar 15How Does COFACE SA (EPA:COFA) Fare As A Dividend Stock?
Feb 17What Type Of Returns Would COFACE's(EPA:COFA) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 21
Do Institutions Own COFACE SA (EPA:COFA) Shares?
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COFA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COFA's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| COFACE Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COFA) | 9.0% |
| Market Bottom 25% (FR) | 1.9% |
| Market Top 25% (FR) | 5.2% |
| Industry Average (Insurance) | 5.2% |
| Analyst forecast in 3 Years (COFA) | 9.5% |
Notable Dividend: COFA's dividend (9%) is higher than the bottom 25% of dividend payers in the French market (1.92%).
High Dividend: COFA's dividend (9%) is in the top 25% of dividend payers in the French market (5.22%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.6%), COFA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.3%), COFA's dividend payments are covered by cash flows.