ConvaTec Group Dividends and Buybacks
Dividend criteria checks 2/6
ConvaTec Group is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$0.0494 |
| Payout ratio | 84% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTEC1 N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CTEC1 N's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| ConvaTec Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTEC1 N) | 2.0% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Medical Equipment) | 0% |
| Analyst forecast (CTEC1 N) (up to 3 years) | 2.4% |
Notable Dividend: CTEC1 N's dividend (2.05%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.61%).
High Dividend: CTEC1 N's dividend (2.05%) is low compared to the top 25% of dividend payers in the MX market (7.15%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.8%), CTEC1 N's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.2%), CTEC1 N's dividend payments are well covered by cash flows.