Cutix Dividends and Buybacks
Dividend criteria checks 4/6
Cutix is a dividend paying company with a current yield of 3.23% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.075 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CUTIX's dividend payments have been volatile in the past 10 years.
Growing Dividend: CUTIX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cutix Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CUTIX) | 3.2% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.4% |
| Industry Average (Electrical) | 0.8% |
| Analyst forecast (CUTIX) (up to 3 years) | n/a |
Notable Dividend: CUTIX's dividend (3.23%) is higher than the bottom 25% of dividend payers in the NG market (1.65%).
High Dividend: CUTIX's dividend (3.23%) is low compared to the top 25% of dividend payers in the NG market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), CUTIX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), CUTIX's dividend payments are covered by cash flows.