Comvita Dividend
Dividend criteria checks 2/6
Comvita is a dividend paying company with a current yield of 2.64% that is well covered by earnings. Next payment date is on 24th April, 2024 with an ex-dividend date of 3rd April, 2024.
Key information
2.6%
Dividend yield
76%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 24 Apr 24 |
Ex dividend date | 03 Apr 24 |
Dividend per share | n/a |
Earnings per share | NZ$0.053 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Here's Why Comvita (NZSE:CVT) Is Weighed Down By Its Debt Load
Mar 21Comvita Limited's (NZSE:CVT) 26% Dip In Price Shows Sentiment Is Matching Earnings
Feb 05A Look At The Fair Value Of Comvita Limited (NZSE:CVT)
Nov 27These 4 Measures Indicate That Comvita (NZSE:CVT) Is Using Debt Reasonably Well
Mar 25We Think Comvita's (NZSE:CVT) Robust Earnings Are Conservative
Mar 04Is It Too Late To Consider Buying Comvita Limited (NZSE:CVT)?
Mar 03Have Insiders Been Buying Comvita Limited (NZSE:CVT) Shares This Year?
Jan 29How Much Did Comvita's(NZSE:CVT) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 22Could The Comvita Limited (NZSE:CVT) Ownership Structure Tell Us Something Useful?
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CVT's dividend payments have been volatile in the past 10 years.
Growing Dividend: CVT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Comvita Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CVT) | 2.6% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 6.7% |
Industry Average (Personal Products) | 2.1% |
Analyst forecast in 3 Years (CVT) | 4.3% |
Notable Dividend: CVT's dividend (2.64%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.05%).
High Dividend: CVT's dividend (2.64%) is low compared to the top 25% of dividend payers in the NZ market (6.68%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.6%), CVT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.4%), CVT's dividend payments are covered by cash flows.