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 Yieldn/a
Future Dividend Yield3.1%
Dividend Growth30.0%
Next dividend pay date14 Nov 23
Ex dividend date08 Nov 23
Dividend per sharen/a
Payout ratio47%

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
How does BALCOS dividend yield compare to the market?
SegmentDividend 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.


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