Econocom Group Dividends and Buybacks
Dividend criteria checks 5/6
Econocom Group is a dividend paying company with a current yield of 5.75% that is well covered by earnings. Last payment was on 4th July, 2023 with an ex-dividend date of 30th June, 2023.
Key information
5.7%
Dividend yield
8.8%
Buyback Yield
| Total Shareholder Yield | 14.5% |
| Future Dividend Yield | 0% |
| Dividend Growth | 13.8% |
| Next dividend pay date | 04 Jul 23 |
| Ex dividend date | 30 Jun 23 |
| Dividend per share | n/a |
| Payout ratio | 41% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ECONBB's dividends per share have been stable in the past 10 years.
Growing Dividend: ECONBB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Econocom Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ECONBB) | 5.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (IT) | 3.2% |
| Analyst forecast (ECONBB) (up to 3 years) | 0% |
Notable Dividend: ECONBB's dividend (5.75%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: ECONBB's dividend (5.75%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), ECONBB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.8%), ECONBB's dividend payments are well covered by cash flows.