Embecta is a dividend paying company with a current yield of 2.88% that is well covered by earnings. Last payment was on 13th September, 2023 with an ex-dividend date of 24th August, 2023.
Key information
2.9%
Dividend yield
0.3%
Buyback Yield
Total Shareholder Yield
3.2%
Future Dividend Yield
2.5%
Dividend Growth
41.0%
Next dividend pay date
13 Sep 23
Ex dividend date
24 Aug 23
Dividend per share
n/a
Payout ratio
72%
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether EMBC *'s dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if EMBC *'s dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Embecta Dividend Yield vs Market
How does EMBC * dividend yield compare to the market?
Segment
Dividend Yield
Company (EMBC *)
2.9%
Market Bottom 25% (MX)
0%
Market Top 25% (MX)
0%
Industry Average (Medical Equipment)
0%
Analyst forecast (EMBC *) (up to 3 years)
2.5%
Notable Dividend: EMBC *'s dividend (2.88%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: EMBC *'s dividend (2.88%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.9%), EMBC *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), EMBC *'s dividend payments are well covered by cash flows.