Cogeco Dividend
Dividend criteria checks 6/6
Cogeco is a dividend paying company with a current yield of 6.88% that is well covered by earnings.
Key information
6.9%
Dividend yield
85%
Payout ratio
Industry average yield | 6.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$5.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGEC.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CGEC.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cogeco Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CGEC.F) | 6.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Telecom) | 6.3% |
Analyst forecast in 3 Years (CGEC.F) | n/a |
Notable Dividend: CGEC.F's dividend (6.88%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CGEC.F's dividend (6.88%) is in the top 25% of dividend payers in the US market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.6%), CGEC.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), CGEC.F's dividend payments are thoroughly covered by cash flows.