AB K2 LT Dividend

Dividend criteria checks 1/6

AB K2 LT is a dividend paying company with a current yield of 4.27% that is well covered by earnings.

Key information

4.3%

Dividend yield

36%

Payout ratio

Industry average yield2.6%
Next dividend pay daten/a
Ex dividend date14 May 24
Dividend per sharen/a
Earnings per share€1.73
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Upcoming Dividend Payment

TodayMar 28 2024Ex Dividend DateMay 14 2024Dividend Pay DateJan 01 197019857 days from Ex DividendBuy in the next 47 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, K2LT has been paying a dividend for less than 10 years.

Growing Dividend: K2LT has only been paying a dividend for 2 years, and since then payments have not increased.


Dividend Yield vs Market

AB K2 LT Dividend Yield vs Market
How does K2LT dividend yield compare to the market?
SegmentDividend Yield
Company (K2LT)4.3%
Market Bottom 25% (LT)4.3%
Market Top 25% (LT)6.9%
Industry Average (Consumer Services)2.6%
Analyst forecast in 3 Years (K2LT)n/a

Notable Dividend: K2LT's dividend (4.27%) isn’t notable compared to the bottom 25% of dividend payers in the LT market (4.38%).

High Dividend: K2LT's dividend (4.27%) is low compared to the top 25% of dividend payers in the LT market (6.91%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.8%), K2LT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (334.4%), K2LT's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.