Contact Energy Dividend
Dividend criteria checks 3/6
Contact Energy is a dividend paying company with a current yield of 4.08%.
Key information
4.1%
Dividend yield
96%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.36 |
Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COEN.F's dividends per share have been stable in the past 10 years.
Growing Dividend: COEN.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Contact Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (COEN.F) | 4.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Electric Utilities) | 3.4% |
Analyst forecast in 3 Years (COEN.F) | 4.8% |
Notable Dividend: COEN.F's dividend (4.08%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: COEN.F's dividend (4.08%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.9%), COEN.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: COEN.F is paying a dividend but the company has no free cash flows.