Cofle Dividend
Dividend criteria checks 1/6
Cofle is a dividend paying company with a current yield of 2.72%. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
2.7%
Dividend yield
291%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.058 |
| Dividend yield forecast in 3Y | 7.2% |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CFL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CFL has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Cofle Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CFL) | 2.7% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.7% |
| Industry Average (Auto Components) | 3.4% |
| Analyst forecast in 3 Years (CFL) | 7.2% |
Notable Dividend: CFL's dividend (2.72%) is higher than the bottom 25% of dividend payers in the Italian market (1.96%).
High Dividend: CFL's dividend (2.72%) is low compared to the top 25% of dividend payers in the Italian market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (291%), CFL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CFL is paying a dividend but the company has no free cash flows.