Converge Information and Communications Technology Solutions Dividends and Buybacks
Dividend criteria checks 0/6
Converge Information and Communications Technology Solutions is a dividend paying company with a current yield of 1.13%.
Key information
1.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | n/a |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Insufficient data to determine if CNVRG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNVRG's dividend payments have been increasing.
Dividend Yield vs Market
| Converge Information and Communications Technology Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CNVRG) | 1.1% |
| Market Bottom 25% (PH) | 2.0% |
| Market Top 25% (PH) | 6.6% |
| Industry Average (Telecom) | 4.5% |
| Analyst forecast (CNVRG) (up to 3 years) | 2.8% |
Notable Dividend: CNVRG's dividend (1.13%) isn’t notable compared to the bottom 25% of dividend payers in the PH market (2.02%).
High Dividend: CNVRG's dividend (1.13%) is low compared to the top 25% of dividend payers in the PH market (6.65%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate CNVRG's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CNVRG has not reported any payouts.