Century Next Financial is a dividend paying company with a current yield of 1.05% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
1.0%
Dividend yield
8%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
07 Jun 24
Ex dividend date
23 May 24
Dividend per share
n/a
Earnings per share
US$3.75
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CTUY has been paying a dividend for less than 10 years.
Growing Dividend: CTUY's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Century Next Financial Dividend Yield vs Market
How does CTUY dividend yield compare to the market?
Segment
Dividend Yield
Company (CTUY)
1.0%
Market Bottom 25% (US)
1.6%
Market Top 25% (US)
4.8%
Industry Average (Banks)
3.0%
Analyst forecast in 3 Years (CTUY)
n/a
Notable Dividend: CTUY's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: CTUY's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.5%), CTUY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.