Castings Dividend
Dividend criteria checks 5/6
Castings is a dividend paying company with a current yield of 4.78% that is well covered by earnings.
Key information
4.8%
Dividend yield
50%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.36 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGSL's dividends per share have been stable in the past 10 years.
Growing Dividend: CGSL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Castings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CGSL) | 4.8% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.9% |
Industry Average (Metals and Mining) | 3.9% |
Analyst forecast in 3 Years (CGSL) | 5.2% |
Notable Dividend: CGSL's dividend (4.78%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).
High Dividend: CGSL's dividend (4.78%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.7%), CGSL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.1%), CGSL's dividend payments are well covered by cash flows.