Chemtrade Logistics Income Fund Dividends and Buybacks
Dividend criteria checks 4/6
Chemtrade Logistics Income Fund is a dividend paying company with a current yield of 5.74% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
5.7%
Dividend yield
-16.0%
Buyback Yield
| Total Shareholder Yield | -10.3% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 2.9% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | US$0.486 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGIF.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGIF.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Chemtrade Logistics Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CGIF.F) | 5.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast (CGIF.F) (up to 3 years) | 5.5% |
Notable Dividend: CGIF.F's dividend (5.74%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: CGIF.F's dividend (5.74%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55%), CGIF.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.1%), CGIF.F's dividend payments are covered by cash flows.