Castings Dividends and Buybacks
Dividend criteria checks 5/6
Castings is a dividend paying company with a current yield of 9.52% 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
9.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 7.3% |
| Dividend Growth | 9.6% |
| 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 22Upcoming Dividend Payment
Stability 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) | 9.5% |
| 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) | 7.3% |
Notable Dividend: CGS's dividend (9.52%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: CGS's dividend (9.52%) is in the top 25% of dividend payers in the UK market (5.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), 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.