Corticeira Amorim S.G.P.S Dividend
Dividend criteria checks 3/6
Corticeira Amorim S.G.P.S is a dividend paying company with a current yield of 2.07% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
2.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | €0.200 |
| Earnings per share | €0.61 |
| Dividend yield forecast | 3.5% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CORU's dividend payments have been volatile in the past 10 years.
Growing Dividend: CORU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Corticeira Amorim S.G.P.S Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CORU) | 2.1% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.4% |
| Industry Average (Packaging) | 3.4% |
| Analyst forecast (CORU) (up to 3 years) | 3.5% |
Notable Dividend: CORU's dividend (2.07%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: CORU's dividend (2.07%) is low compared to the top 25% of dividend payers in the UK market (5.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), CORU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CORU is paying a dividend but the company has no free cash flows.