Concentric Dividend
Dividend criteria checks 3/6
Concentric is a dividend paying company with a current yield of 1.97% that is well covered by earnings.
Key information
2.0%
Dividend yield
56%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | SEK 4.250 |
Earnings per share | SEK 7.68 |
Dividend yield forecast | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COICs's dividend payments have been volatile in the past 10 years.
Growing Dividend: COICs's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Concentric Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (COICs) | 2.0% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.6% |
Industry Average (Machinery) | 2.3% |
Analyst forecast (COICs) (up to 3 years) | 2.2% |
Notable Dividend: COICs's dividend (1.97%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: COICs's dividend (1.97%) is low compared to the top 25% of dividend payers in the UK market (5.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), COICs's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.2%), COICs's dividend payments are well covered by cash flows.