CombinedX Dividend
Dividend criteria checks 3/6
CombinedX is a dividend paying company with a current yield of 4% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
4.0%
Dividend yield
48%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr3.90 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals
Apr 23
CombinedX AB (publ) (STO:CX) Shares Fly 28% But Investors Aren't Buying For Growth
Feb 27News Flash: One Analyst Just Made A Captivating Upgrade To Their CombinedX AB (publ) (STO:CX) Forecasts
Feb 24There Are Reasons To Feel Uneasy About CombinedX's (STO:CX) Returns On Capital
Feb 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CX's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| CombinedX Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CX) | 4.0% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (IT) | 2.1% |
| Analyst forecast in 3 Years (CX) | n/a |
Notable Dividend: CX's dividend (4%) is higher than the bottom 25% of dividend payers in the Swedish market (1.6%).
High Dividend: CX's dividend (4%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), CX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.9%), CX's dividend payments are well covered by cash flows.