Nicolás Correa Dividends and Buybacks
Dividend criteria checks 3/6
Nicolás Correa is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 43% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NEAE has been paying a dividend for less than 10 years.
Growing Dividend: NEAE's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Nicolás Correa Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEAE) | 3.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Machinery) | 2.4% |
| Analyst forecast (NEAE) (up to 3 years) | 3.4% |
Notable Dividend: NEAE's dividend (3.73%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: NEAE's dividend (3.73%) 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 (43.4%), NEAE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), NEAE's dividend payments are covered by cash flows.