Balco Group Dividends and Buybacks
Dividend criteria checks 3/6
Balco Group is a dividend paying company with a current yield of 3.18% that is well covered by earnings. Last payment was on 14th November, 2023 with an ex-dividend date of 8th November, 2023.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | 3.1% |
Dividend Growth | 30.0% |
Next dividend pay date | 14 Nov 23 |
Ex dividend date | 08 Nov 23 |
Dividend per share | n/a |
Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BALCOS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BALCOS's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Balco Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BALCOS) | 3.2% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Building) | 3.1% |
Analyst forecast (BALCOS) (up to 3 years) | 3.1% |
Notable Dividend: BALCOS's dividend (3.18%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: BALCOS's dividend (3.18%) 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 (46.5%), BALCOS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.5%), BALCOS's dividend payments are well covered by cash flows.