CIE Automotive is a dividend paying company with a current yield of 3.5% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
3.5%
Dividend yield
35%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
08 Jul 24
Ex dividend date
04 Jul 24
Dividend per share
n/a
Earnings per share
Mex$2.56
Dividend yield forecast in 3Y
4.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIEA N's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIEA N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CIE Automotive Dividend Yield vs Market
How does CIEA N dividend yield compare to the market?
Segment
Dividend Yield
Company (CIEA N)
3.5%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Auto Components)
2.2%
Analyst forecast in 3 Years (CIEA N)
4.2%
Notable Dividend: CIEA N's dividend (3.5%) is higher than the bottom 25% of dividend payers in the MX market (2.2%).
High Dividend: CIEA N's dividend (3.5%) is low compared to the top 25% of dividend payers in the MX market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), CIEA N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.8%), CIEA N's dividend payments are well covered by cash flows.