Central Securities Dividends and Buybacks
Dividend criteria checks 2/6
Central Securities is a dividend paying company with a current yield of 4% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
4.0%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.2% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$1.850 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CET's dividend payments have been volatile in the past 10 years.
Growing Dividend: CET's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Central Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CET) | 4.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (CET) (up to 3 years) | n/a |
Notable Dividend: CET's dividend (4%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: CET's dividend (4%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.9%), CET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (143.3%), CET's dividend payments are not well covered by cash flows.