Grupo Catalana Occidente is a dividend paying company with a current yield of 3.08% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
3.1%
Dividend yield
23%
Payout ratio
Industry average yield
6.3%
Next dividend pay date
08 May 24
Ex dividend date
06 May 24
Dividend per share
n/a
Earnings per share
Mex$4.88
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GCO N's dividends per share have been stable in the past 10 years.
Growing Dividend: GCO N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grupo Catalana Occidente Dividend Yield vs Market
How does GCO N dividend yield compare to the market?
Segment
Dividend Yield
Company (GCO N)
3.1%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Insurance)
6.3%
Analyst forecast in 3 Years (GCO N)
3.9%
Notable Dividend: GCO N's dividend (3.08%) is higher than the bottom 25% of dividend payers in the MX market (2.18%).
High Dividend: GCO N's dividend (3.08%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.9%), GCO N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), GCO N's dividend payments are well covered by cash flows.