Cardinal Ethanol Dividend
Dividend criteria checks 4/6
Cardinal Ethanol is a dividend paying company with a current yield of 13.75% that is well covered by earnings.
Key information
13.8%
Dividend yield
66%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.88k |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CRDE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRDE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cardinal Ethanol Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CRDE) | 13.8% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (CRDE) | n/a |
Notable Dividend: CRDE's dividend (13.75%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: CRDE's dividend (13.75%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), CRDE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.8%), CRDE's dividend payments are not well covered by cash flows.