Elite Diagnostic Dividend
Dividend criteria checks 2/6
Elite Diagnostic is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
39%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JA$0.02 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELITE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELITE has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Elite Diagnostic Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ELITE) | 1.3% |
Market Bottom 25% (JM) | 1.9% |
Market Top 25% (JM) | 3.4% |
Industry Average (Healthcare) | 2.3% |
Analyst forecast in 3 Years (ELITE) | n/a |
Notable Dividend: ELITE's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the JM market (1.87%).
High Dividend: ELITE's dividend (1.29%) is low compared to the top 25% of dividend payers in the JM market (3.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), ELITE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.2%), ELITE's dividend payments are thoroughly covered by cash flows.