Carreras Dividend
Dividend criteria checks 4/6
Carreras is a dividend paying company with a current yield of 9.21%.
Key information
9.2%
Dividend yield
162%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$0.880 |
| Earnings per share | JA$0.98 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CAR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Carreras Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CAR) | 9.2% |
| Market Bottom 25% (JM) | 1.9% |
| Market Top 25% (JM) | 3.5% |
| Industry Average (Retail Distributors) | 2.7% |
| Analyst forecast (CAR) (up to 3 years) | n/a |
Notable Dividend: CAR's dividend (9.21%) is higher than the bottom 25% of dividend payers in the JM market (1.86%).
High Dividend: CAR's dividend (9.21%) is in the top 25% of dividend payers in the JM market (3.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (162.3%), CAR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89%), CAR's dividend payments are covered by cash flows.