CTT - Correios De Portugal Dividends and Buybacks
Dividend criteria checks 3/6
CTT - Correios De Portugal is a dividend paying company with a current yield of 3.38% that is well covered by earnings.
Key information
3.4%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -14.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTTU's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTTU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| CTT - Correios De Portugal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTTU) | 3.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Logistics) | 2.8% |
| Analyst forecast (CTTU) (up to 3 years) | 5.0% |
Notable Dividend: CTTU's dividend (3.38%) is higher than the bottom 25% of dividend payers in the UK market (2.19%).
High Dividend: CTTU's dividend (3.38%) is low compared to the top 25% of dividend payers in the UK market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), CTTU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.8%), CTTU's dividend payments are thoroughly covered by cash flows.