Castings Dividends and Buybacks
Dividend criteria checks 5/6
Castings is a dividend paying company with a current yield of 9.7% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 21st November, 2024.
Key information
9.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | 7.4% |
| Dividend Growth | 9.8% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | UK£0.253 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
These Analysts Just Made A Substantial Downgrade To Their Castings P.L.C. (LON:CGS) EPS Forecasts
Jun 14
Castings (LON:CGS) Is Looking To Continue Growing Its Returns On Capital
Apr 13Castings (LON:CGS) Is Paying Out A Larger Dividend Than Last Year
Nov 17Castings (LON:CGS) Will Pay A Larger Dividend Than Last Year At £0.0384
Nov 20Castings (LON:CGS) Has Announced That It Will Be Increasing Its Dividend To £0.1257
Jul 14Castings (LON:CGS) Is Paying Out A Larger Dividend Than Last Year
Jun 18The Returns On Capital At Castings (LON:CGS) Don't Inspire Confidence
May 01Did Castings' (LON:CGS) Share Price Deserve to Gain 28%?
Mar 18Three Things You Should Check Before Buying Castings P.L.C. (LON:CGS) For Its Dividend
Feb 21Castings P.L.C.'s (LON:CGS) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Correct Its Share Price?
Feb 07
Be Wary Of Castings (LON:CGS) And Its Returns On Capital
Jan 25What Is The Ownership Structure Like For Castings P.L.C. (LON:CGS)?
Jan 12Our View On Castings' (LON:CGS) CEO Pay
Dec 31What Are The Total Returns Earned By Shareholders Of Castings (LON:CGS) On Their Investment?
Dec 18Are Castings's (LON:CGS) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 05Is Castings P.L.C. (LON:CGS) A Smart Pick For Income Investors?
Nov 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGS's dividends per share have been stable in the past 10 years.
Growing Dividend: CGS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Castings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGS) | 9.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Metals and Mining) | 4.6% |
| Analyst forecast (CGS) (up to 3 years) | 7.4% |
Notable Dividend: CGS's dividend (9.7%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: CGS's dividend (9.7%) is in the top 25% of dividend payers in the UK market (5.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), CGS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CGS is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 06:53 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Castings P.L.C. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Simms | Arden Partners Plc. |
| James Wood | Canaccord Genuity |
| Dominic Convey | Peel Hunt LLP |