engcon Dividend

Dividend criteria checks 2/6

engcon is a dividend paying company with a current yield of 1.07% that is well covered by earnings. Next payment date is on 4th October, 2024 with an ex-dividend date of 30th September, 2024.

Key information

1.1%

Dividend yield

78%

Payout ratio

Industry average yield2.7%
Next dividend pay date04 Oct 24
Ex dividend date30 Sep 24
Dividend per sharen/a
Earnings per sharekr1.20
Dividend yield forecast in 3Y1.6%

Recent dividend updates

engcon's (STO:ENGCON B) Dividend Will Be Increased To SEK0.47

May 02
engcon's (STO:ENGCON B) Dividend Will Be Increased To SEK0.47

engcon's (STO:ENGCON B) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 17
engcon's (STO:ENGCON B) Shareholders Will Receive A Bigger Dividend Than Last Year

engcon's (STO:ENGCON B) Upcoming Dividend Will Be Larger Than Last Year's

Mar 28
engcon's (STO:ENGCON B) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

engcon's (STO:ENGCON B) Dividend Will Be Increased To SEK0.47

May 02
engcon's (STO:ENGCON B) Dividend Will Be Increased To SEK0.47

Results: engcon AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

May 01
Results: engcon AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

engcon's (STO:ENGCON B) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 17
engcon's (STO:ENGCON B) Shareholders Will Receive A Bigger Dividend Than Last Year

engcon's (STO:ENGCON B) Upcoming Dividend Will Be Larger Than Last Year's

Mar 28
engcon's (STO:ENGCON B) Upcoming Dividend Will Be Larger Than Last Year's

Shareholders Would Enjoy A Repeat Of engcon's (STO:ENGCON B) Recent Growth In Returns

Mar 21
Shareholders Would Enjoy A Repeat Of engcon's (STO:ENGCON B) Recent Growth In Returns

Is Now The Time To Put engcon (STO:ENGCON B) On Your Watchlist?

Dec 05
Is Now The Time To Put engcon (STO:ENGCON B) On Your Watchlist?

Do engcon's (STO:ENGCON B) Earnings Warrant Your Attention?

Jul 21
Do engcon's (STO:ENGCON B) Earnings Warrant Your Attention?

Does This Valuation Of engcon AB (publ) (STO:ENGCON B) Imply Investors Are Overpaying?

Mar 28
Does This Valuation Of engcon AB (publ) (STO:ENGCON B) Imply Investors Are Overpaying?

engcon AB (publ) (STO:ENGCON B) Released Earnings Last Week And Analysts Lifted Their Price Target To kr77.50

Feb 26
engcon AB (publ) (STO:ENGCON B) Released Earnings Last Week And Analysts Lifted Their Price Target To kr77.50

engcon AB (publ)'s (STO:ENGCON B) Shareholders Might Be Looking For Exit

Nov 26
engcon AB (publ)'s (STO:ENGCON B) Shareholders Might Be Looking For Exit

We Think You Should Be Aware Of Some Concerning Factors In engcon's (STO:ENGCON B) Earnings

Nov 04
We Think You Should Be Aware Of Some Concerning Factors In engcon's (STO:ENGCON B) Earnings

Upcoming Dividend Payment

TodayMay 21 2024Ex Dividend DateSep 30 2024Dividend Pay DateOct 04 20244 days from Ex DividendBuy in the next 131 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether ENGCON B's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if ENGCON B's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

engcon Dividend Yield vs Market
How does ENGCON B dividend yield compare to the market?
SegmentDividend Yield
Company (ENGCON B)1.1%
Market Bottom 25% (SE)1.4%
Market Top 25% (SE)4.2%
Industry Average (Machinery)2.7%
Analyst forecast in 3 Years (ENGCON B)1.6%

Notable Dividend: ENGCON B's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.42%).

High Dividend: ENGCON B's dividend (1.07%) is low compared to the top 25% of dividend payers in the Swedish market (4.21%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (78.1%), ENGCON B's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), ENGCON B's dividend payments are well covered by cash flows.


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