Cornerstone Strategic Value Fund Dividend
Dividend criteria checks 3/6
Cornerstone Strategic Value Fund is a dividend paying company with a current yield of 17.98% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
18.0%
Dividend yield
87%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.68 |
| 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: CLM's dividend payments have been volatile in the past 10 years.
Growing Dividend: CLM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Cornerstone Strategic Value Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLM) | 18.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (CLM) | n/a |
Notable Dividend: CLM's dividend (17.98%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CLM's dividend (17.98%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.5%), CLM's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CLM's cash payout ratio to determine if its dividend payments are covered by cash flows.