Elders Dividends and Buybacks
Dividend criteria checks 2/6
Elders is a dividend paying company with a current yield of 4.74%. Next payment date is on 10th February, 2025 with an ex-dividend date of 18th December, 2024.
Key information
4.7%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 14.8% |
| Next dividend pay date | 10 Feb 25 |
| Ex dividend date | 18 Dec 24 |
| Dividend per share | US$0.233 |
| Payout ratio | 126% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EDES.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EDES.Y's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Elders Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EDES.Y) | 4.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Food) | 3.3% |
| Analyst forecast (EDES.Y) (up to 3 years) | 5.5% |
Notable Dividend: EDES.Y's dividend (4.74%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: EDES.Y's dividend (4.74%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.7%), EDES.Y's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (159.9%), EDES.Y's dividend payments are not well covered by cash flows.