Concentric Dividend
Dividend criteria checks 4/6
Concentric is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
39%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | kr11.23 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25
Mar 20
Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25
Feb 10Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05Recent updates
Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25
Mar 20Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25
Feb 10At kr173, Is It Time To Put Concentric AB (publ) (STO:COIC) On Your Watch List?
Dec 15Is Concentric (STO:COIC) A Risky Investment?
Nov 11We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease
Jun 21Is Concentric (STO:COIC) Using Too Much Debt?
May 10Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00
Feb 11Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)
Jan 10Is Concentric (STO:COIC) Using Too Much Debt?
Dec 13Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?
Nov 19Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching
Oct 27Concentric (STO:COIC) Has A Rock Solid Balance Sheet
Sep 02Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?
Aug 08We Think Concentric (STO:COIC) Can Manage Its Debt With Ease
May 13Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year
Apr 22Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 08Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts
Jan 01Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)
Nov 02Calculating The Fair Value Of Concentric AB (publ) (STO:COIC)
Jul 07What Does Concentric AB (publ)'s (STO:COIC) Share Price Indicate?
Jun 09Concentric (STO:COIC) Is Finding It Tricky To Allocate Its Capital
May 01A Look At The Fair Value Of Concentric AB (publ) (STO:COIC)
Apr 01Have Insiders Been Selling Concentric AB (publ) (STO:COIC) Shares This Year?
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: COIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Concentric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COIC) | 2.2% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (Machinery) | 2.8% |
| Analyst forecast in 3 Years (COIC) | 2.5% |
Notable Dividend: COIC's dividend (2.17%) is higher than the bottom 25% of dividend payers in the Swedish market (1.54%).
High Dividend: COIC's dividend (2.17%) is low compared to the top 25% of dividend payers in the Swedish market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), COIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), COIC's dividend payments are well covered by cash flows.