Canare Electric Dividends and Buybacks
Dividend criteria checks 4/6
Canare Electric is a dividend paying company with a current yield of 3.99% that is well covered by earnings.
Key information
4.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.379 |
| Payout ratio | 39% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CANR.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CANR.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canare Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CANR.F) | 4.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Electrical) | 1.0% |
| Analyst forecast (CANR.F) (up to 3 years) | n/a |
Notable Dividend: CANR.F's dividend (3.99%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CANR.F's dividend (3.99%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.9%), CANR.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.7%), CANR.F's dividend payments are covered by cash flows.