Elica Dividend
Dividend criteria checks 4/6
Elica is a dividend paying company with a current yield of 2.63% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 1st July, 2024.
Key information
2.6%
Dividend yield
32%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 03 Jul 24 |
| Ex dividend date | 01 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €0.16 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
Analysts Have Been Trimming Their Elica S.p.A. (BIT:ELC) Price Target After Its Latest Report
Feb 16
Elica S.p.A.'s (BIT:ELC) Business And Shares Still Trailing The Market
Feb 09Is Now An Opportune Moment To Examine Elica S.p.A. (BIT:ELC)?
Nov 20Are Investors Undervaluing Elica S.p.A. (BIT:ELC) By 46%?
Oct 21Is Elica S.p.A. (BIT:ELC) Potentially Undervalued?
Sep 25Is Elica (BIT:ELC) A Risky Investment?
May 10We Think Elica's (BIT:ELC) Robust Earnings Are Conservative
Aug 09Earnings Update: Elica S.p.A. (BIT:ELC) Just Reported And Analysts Are Boosting Their Estimates
Aug 03Elica S.p.A.'s (BIT:ELC) Intrinsic Value Is Potentially 24% Below Its Share Price
May 26There Are Reasons To Feel Uneasy About Elica's (BIT:ELC) Returns On Capital
May 04Does Elica (BIT:ELC) Have A Healthy Balance Sheet?
Apr 02Can You Imagine How Elica's (BIT:ELC) Shareholders Feel About The 90% Share Price Increase?
Mar 05Elica S.p.A.'s (BIT:ELC) Intrinsic Value Is Potentially 21% Below Its Share Price
Feb 07
Is There Now An Opportunity In Elica S.p.A. (BIT:ELC)?
Jan 11Returns On Capital At Elica (BIT:ELC) Paint An Interesting Picture
Dec 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELC) | 2.6% |
| Market Bottom 25% (IT) | 2.0% |
| Market Top 25% (IT) | 5.8% |
| Industry Average (Consumer Durables) | 2.8% |
| Analyst forecast in 3 Years (ELC) | 4.0% |
Notable Dividend: ELC's dividend (2.63%) is higher than the bottom 25% of dividend payers in the Italian market (1.95%).
High Dividend: ELC's dividend (2.63%) is low compared to the top 25% of dividend payers in the Italian market (5.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), ELC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), ELC's dividend payments are well covered by cash flows.