COFACE is a dividend paying company with a current yield of 8.99% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
9.0%
Dividend yield
81%
Payout ratio
Industry average yield
4.3%
Next dividend pay date
24 May 24
Ex dividend date
22 May 24
Dividend per share
n/a
Earnings per share
€1.61
Dividend yield forecast in 3Y
9.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COFAP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COFAP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
COFACE Dividend Yield vs Market
How does COFAP dividend yield compare to the market?
Segment
Dividend Yield
Company (COFAP)
9.0%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.8%
Industry Average (Insurance)
4.3%
Analyst forecast in 3 Years (COFAP)
9.5%
Notable Dividend: COFAP's dividend (8.99%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: COFAP's dividend (8.99%) is in the top 25% of dividend payers in the UK market (5.78%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.6%), COFAP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.3%), COFAP's dividend payments are covered by cash flows.