Cactus Dividend
Dividend criteria checks 2/6
Cactus is a dividend paying company with a current yield of 0.95% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 28th May, 2024.
Key information
0.9%
Dividend yield
19%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 13 Jun 24 |
| Ex dividend date | 28 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.51 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.12
Jan 27
Cactus (NYSE:WHD) Has Affirmed Its Dividend Of $0.12
Nov 12Recent updates
Does Cactus (NYSE:WHD) Deserve A Spot On Your Watchlist?
Apr 16Cactus Corrects Course, But Energy Market Concerns Remain
Mar 10Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.12
Jan 27An Intrinsic Calculation For Cactus, Inc. (NYSE:WHD) Suggests It's 26% Undervalued
Jan 25Why Investors Shouldn't Be Surprised By Cactus, Inc.'s (NYSE:WHD) P/E
Jan 07Cactus Pays Off Debt As Industry Consolidates And Rig Counts Slide
Dec 08Cactus (NYSE:WHD) Has Affirmed Its Dividend Of $0.12
Nov 12Here's Why We Think Cactus (NYSE:WHD) Is Well Worth Watching
Oct 16Cactus (NYSE:WHD) Could Easily Take On More Debt
Oct 01Cactus, Inc.: Concerns Regarding Future U.S. Oil Rig Demand
Sep 24Cactus Is Sufficiently Balanced To Absorb The Topline And Margin Pressure
Sep 13Is There An Opportunity With Cactus, Inc.'s (NYSE:WHD) 23% Undervaluation?
Sep 13Cactus (NYSE:WHD) Is Increasing Its Dividend To $0.12
Aug 22There Are Reasons To Feel Uneasy About Cactus' (NYSE:WHD) Returns On Capital
Jul 26Cactus, Inc.: A Growth Story As Margin Expands Rapidly
Jul 03Cactus: Falling Rig Counts A Risk, But Shares Undervalued Amid Strong Growth Trends Ahead
Jun 26Cactus (NYSE:WHD) Could Easily Take On More Debt
Jun 26Cactus, Inc. (NYSE:WHD) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jun 11We Ran A Stock Scan For Earnings Growth And Cactus (NYSE:WHD) Passed With Ease
May 26Some Investors May Be Worried About Cactus' (NYSE:WHD) Returns On Capital
Apr 25Cactus Non-GAAP EPS of $0.57 beats by $0.05, revenue of $187.8M misses by $1.49M
Feb 23Cactus (NYSE:WHD) Is Paying Out A Dividend Of $0.11
Jan 27Cactus declares $0.11 dividend
Jan 18Cactus: Interesting Start To 2023
Jan 05Is Cactus, Inc. (NYSE:WHD) Trading At A 40% Discount?
Oct 28Cactus (NYSE:WHD) Will Be Hoping To Turn Its Returns On Capital Around
Oct 10Cactus' (NYSE:WHD) Dividend Will Be $0.11
Aug 07Cactus Non-GAAP EPS of $0.44 beats by $0.08, revenue of $170.22M beats by $9.11M
Aug 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WHD has been paying a dividend for less than 10 years.
Growing Dividend: WHD's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Cactus Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WHD) | 0.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Energy Services) | 2.2% |
| Analyst forecast in 3 Years (WHD) | 0.9% |
Notable Dividend: WHD's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: WHD's dividend (0.95%) is low compared to the top 25% of dividend payers in the US market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.5%), WHD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.6%), WHD's dividend payments are thoroughly covered by cash flows.