Convergenze. Società Benefit Dividends and Buybacks
Dividend criteria checks 1/6
Convergenze. Società Benefit is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CVG has been paying a dividend for less than 10 years.
Growing Dividend: CVG has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Convergenze. Società Benefit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVG) | 1.3% |
| Market Bottom 25% (IT) | 1.5% |
| Market Top 25% (IT) | 4.6% |
| Industry Average (Telecom) | 7.9% |
| Analyst forecast (CVG) (up to 3 years) | n/a |
Notable Dividend: CVG's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.52%).
High Dividend: CVG's dividend (1.27%) is low compared to the top 25% of dividend payers in the Italian market (4.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), CVG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.6%), CVG's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/19 19:03 |
| End of Day Share Price | 2026/06/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Convergenze S.p.A. Società Benefit is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luigi Tardella | EnVent Capital Markets Limited |
| Mattia Petracca | Integrae SPA |