ConvaTec Group Dividend
Dividend criteria checks 2/6
ConvaTec Group is a dividend paying company with a current yield of 1.96%.
Key information
2.0%
Dividend yield
97%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.064 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend 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) | 2.0% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Medical Equipment) | 1.8% |
Analyst forecast in 3 Years (CNVV.Y) | 2.4% |
Notable Dividend: CNVV.Y's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: CNVV.Y's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.5%), CNVV.Y's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.5%), CNVV.Y's dividend payments are covered by cash flows.