Coventry Group Stock

Coventry Group Dividend 2024

Coventry Group Dividend

0.05 AUD

Coventry Group Dividend yield

3.57 %

Ticker

CYG.AX

ISIN

AU000000CYG6

WKN

895475

How much dividend does Coventry Group 2024 pay?

According to the latest status from August 2024, Coventry Group paid a total of 0.05 AUD per share in dividends within the last 12 months. With the current Coventry Group price of 1.4 AUD, this corresponds to a dividend yield of 3.57 %. A dividend is paid times per year.

3.57 % Dividend Yield=
0.05 AUD Dividend
1.4 AUD Stock Price

Historical Coventry Group Dividends

A dividend is paid times per year. Last year, the payout months were and October.

PaydateDividend
10/28/20230.05
10/29/20220.05
10/29/20210.04
11/9/20150.04
4/4/20150.25
10/3/20140.16
8/11/20140.16
4/3/20140.16
10/2/20130.16
4/4/20130.16
10/3/20120.16
4/5/20120.16
10/2/20110.16
7/20/20110.07
4/7/20110.09
10/1/20100.11
4/3/20100.09
10/2/20090.07
3/28/20070.24
10/13/20060.24
1
2
3

Coventry Group dividend history and estimates

In 2023, Coventry Group paid a dividend amounting to 0.05 AUD. Dividend means that Coventry Group distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Coventry Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Coventry Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Coventry Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Coventry Group Dividend History

DateCoventry Group Dividend
2026e0.05 AUD
2025e0.05 AUD
2024e0.05 AUD
20230.05 AUD
20220.05 AUD
20210.04 AUD
20150.26 AUD
20140.42 AUD
20130.28 AUD
20120.28 AUD
20110.28 AUD
20100.18 AUD
20090.06 AUD
20070.22 AUD
20060.45 AUD
20050.84 AUD
20040.43 AUD

Is the Coventry Group Dividend Safe?

Coventry Group has been increasing the dividend for 2 years.

Over the past 10 years, Coventry Group has increased it by an annual -15.854 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 0.492% for the current fiscal year.

Coventry Group dividend payout ratio

In 2023, Coventry Group had a payout ratio of 80.64%. The payout ratio indicates the percentage of the company's profits that Coventry Group distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Coventry Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Coventry Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Coventry Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Coventry Group Payout Ratio History

DateCoventry Group Payout ratio
2026e80.63 %
2025e84.4 %
2024e76.86 %
202380.64 %
202295.69 %
202154.24 %
202092 %
2019126.07 %
2018228.27 %
2017534.9 %
20161,454.76 %
2015-44.04 %
20144,214.34 %
2013216.12 %
201266.89 %
2011-70.24 %
2010127.71 %
2009-212.85 %
20081,454.76 %
2007-723.67 %
2006194.34 %
2005205.58 %
2004114.26 %

Dividend Details

Understanding Coventry Group's Dividend Distributions

Coventry Group’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Coventry Group's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Coventry Group's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Coventry Group’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Coventry Group Aktienanalyse

What does Coventry Group do?

Coventry Group Ltd is an Australian company specializing in providing industrial products and services. It was founded in 1936 and is headquartered in Melbourne. The company is listed on the Australian stock exchange and focuses on making the working environment safer and more productive for its customers. Coventry Group Ltd has different divisions catering to various industries, such as trade supplies, automotive parts, fluid handling solutions, and fasteners. The company aims to deliver high-quality products at competitive prices and works closely with its customers to understand and meet their needs. It also prioritizes sustainable sourcing and has conducted environmental assessments and certifications for its products. Coventry Group Ltd is focused on strengthening its position in the Australian market and expanding its global presence, including in countries like New Zealand, Singapore, and Papua New Guinea. In summary, Coventry Group Ltd is a specialized provider of industrial products and services, with a diverse portfolio and a focus on innovation and expansion. Coventry Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Coventry Group stock

How much dividend does Coventry Group pay?

Over the past 12 months, Coventry Group paid a dividend of 0.05 AUD . This corresponds to a dividend yield of about 3.57 %. For the coming 12 months, Coventry Group is expected to pay a dividend of 0.05 AUD.

What is the dividend yield of Coventry Group?

The current dividend yield of Coventry Group is 3.57 %.

When does Coventry Group pay dividends?

Coventry Group pays a quarterly dividend. This is distributed in the months of November, October, October, October.

How secure is the dividend of Coventry Group?

Coventry Group paid dividends every year for the past 6 years.

What is the dividend of Coventry Group?

For the upcoming 12 months, dividends amounting to 0.05 AUD are expected. This corresponds to a dividend yield of 3.6 %.

In which sector is Coventry Group located?

Coventry Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Coventry Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Coventry Group from 10/13/2023 amounting to 0.05 AUD, you needed to have the stock in your portfolio before the ex-date on 9/28/2023.

When did Coventry Group pay the last dividend?

The last dividend was paid out on 10/13/2023.

What was the dividend of Coventry Group in the year 2023?

In the year 2023, Coventry Group distributed 0.05 AUD as dividends.

In which currency does Coventry Group pay out the dividend?

The dividends of Coventry Group are distributed in AUD.

Andere Kennzahlen von Coventry Group

Our stock analysis for Coventry Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Coventry Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.