Elementis Dividend
Dividend criteria checks 2/6
Elementis is a dividend paying company with a current yield of 1.19% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
1.2%
Dividend yield
44%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 17 Jun 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.048 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELMT.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELMT.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Elementis Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELMT.Y) | 1.2% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast in 3 Years (ELMT.Y) | 2.5% |
Notable Dividend: ELMT.Y's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: ELMT.Y's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), ELMT.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.1%), ELMT.Y's dividend payments are well covered by cash flows.