Ecofin Global Utilities and Infrastructure Trust Dividend
Dividend criteria checks 1/6
Ecofin Global Utilities and Infrastructure Trust is a dividend paying company with a current yield of 4.73%. Next payment date is on 31st May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
4.7%
Dividend yield
-44%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | -UK£0.18 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, EGL has been paying a dividend for less than 10 years.
Growing Dividend: EGL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Ecofin Global Utilities and Infrastructure Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EGL) | 4.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Capital Markets) | 3.2% |
| Analyst forecast in 3 Years (EGL) | 4.7% |
Notable Dividend: EGL's dividend (4.73%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: EGL's dividend (4.73%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: EGL is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (162.9%), EGL's dividend payments are not well covered by cash flows.