Automatic Bank Services Dividend
Dividend criteria checks 2/6
Automatic Bank Services is a dividend paying company with a current yield of 4.65% that is well covered by earnings.
Key information
4.7%
Dividend yield
59%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.06 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABAN.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ABAN.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Automatic Bank Services Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABAN.F) | 4.7% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Diversified Financial) | 1.0% |
Analyst forecast in 3 Years (ABAN.F) | n/a |
Notable Dividend: ABAN.F's dividend (4.65%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: ABAN.F's dividend (4.65%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.9%), ABAN.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.6%), ABAN.F's dividend payments are not well covered by cash flows.