discoverIE Group Dividends and Buybacks
Dividend criteria checks 3/6
discoverIE Group is a dividend paying company with a current yield of 1.88% that is well covered by earnings.
Key information
1.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.2% |
| Dividend Growth | -10.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.120 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DSCVL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DSCVL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| discoverIE Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DSCVL) | 1.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Electrical) | 2.5% |
| Analyst forecast (DSCVL) (up to 3 years) | 2.2% |
Notable Dividend: DSCVL's dividend (1.88%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: DSCVL's dividend (1.88%) is low compared to the top 25% of dividend payers in the UK market (5.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), DSCVL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), DSCVL's dividend payments are well covered by cash flows.