Audax Renovables Dividend
Dividend criteria checks 1/6
Audax Renovables is a dividend paying company with a current yield of 1.85%.
Key information
1.8%
Dividend yield
n/a
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.008 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ADXE has been paying a dividend for less than 10 years.
Growing Dividend: ADXE has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Audax Renovables Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ADXE) | 1.8% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.8% |
Industry Average (Renewable Energy) | 3.8% |
Analyst forecast in 3 Years (ADXE) | 0.8% |
Notable Dividend: ADXE's dividend (1.85%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: ADXE's dividend (1.85%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate ADXE's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.6%), ADXE's dividend payments are thoroughly covered by cash flows.