EDAG Engineering Group Dividends and Buybacks
Dividend criteria checks 2/6
EDAG Engineering Group is a dividend paying company with a current yield of 4.91% that is well covered by earnings. Last payment was on 3rd July, 2023 with an ex-dividend date of 29th June, 2023.
Key information
4.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.5% |
| Dividend Growth | -8.3% |
| Next dividend pay date | 03 Jul 23 |
| Ex dividend date | 29 Jun 23 |
| Dividend per share | n/a |
| Payout ratio | 48% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ED4D has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ED4D has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| EDAG Engineering Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ED4D) | 4.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Auto Components) | 4.2% |
| Analyst forecast (ED4D) (up to 3 years) | 6.5% |
Notable Dividend: ED4D's dividend (4.91%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: ED4D's dividend (4.91%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), ED4D's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (255.1%), ED4D's dividend payments are not well covered by cash flows.