ConvaTec Group Dividends and Buybacks
Dividend criteria checks 3/6
ConvaTec Group is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0634 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CNVV.Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CNVV.Y's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| ConvaTec Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CNVV.Y) | 2.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast (CNVV.Y) (up to 3 years) | 2.5% |
Notable Dividend: CNVV.Y's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CNVV.Y's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.8%), CNVV.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.2%), CNVV.Y's dividend payments are well covered by cash flows.