Ashtead Group Dividends and Buybacks
Dividend criteria checks 3/6
Ashtead Group is a dividend paying company with a current yield of 1.31% that is well covered by earnings.
Key information
1.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.827 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASHT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: ASHT.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ashtead Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASHT.F) | 1.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Trade Distributors) | 1.3% |
| Analyst forecast (ASHT.F) (up to 3 years) | 1.7% |
Notable Dividend: ASHT.F's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: ASHT.F's dividend (1.31%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), ASHT.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.3%), ASHT.F's dividend payments are not well covered by cash flows.