Quartix Technologies Dividend

What is Quartix Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.79%

Current Dividend Yield

Dividend Yield vs Market

Quartix Technologies Dividend Yield vs Market
How does QTX dividend yield compare to the market?
SegmentDividend Yield
Company (QTX)2.8%
Market Bottom 25% (GB)1.9%
Market Top 25% (GB)5.7%
Industry Average (Software)1.8%
Analyst forecast in 3 Years (QTX)3.3%

Notable Dividend: QTX's dividend (2.79%) is higher than the bottom 25% of dividend payers in the UK market (1.93%).

High Dividend: QTX's dividend (2.79%) is low compared to the top 25% of dividend payers in the UK market (5.67%).


Stability and Growth of Payments

How stable has Quartix Technologies's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.121
12/31/20230.0981
12/31/20220.0831
11/27/20220.0852.79
7/28/20220.0852.63
3/1/20220.0852.48
7/29/20210.030.72
3/3/20210.0480.98
7/28/20200.051.35
2/24/2020-0
3/26/20190.123.99
2/26/20180.144.52
2/27/20170.0651.77
3/1/20160.082.3
2/29/20160.082.37
7/29/20150.041.56
3/3/20150.031.73

Stable Dividend: QTX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: QTX's dividend payments have increased, but the company has only paid a dividend for 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32%), QTX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (111%), QTX's dividend payments are not well covered by cash flows.


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