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ConvaTec Group (CTEC) Dividend Yield, Date & History

ConvaTec Group logo
GBX 220.20 +0.40 (+0.18%)
(As of 08:01 AM ET)

ConvaTec Group Dividend Summary

Dividend Yield
2.27%
Annual Dividend
GBX 5
Recent
Dividend Payment
Oct. 4
Dividend Payout Ratio
8,333.33%

ConvaTec Group (CTEC) pays an annual dividend of GBX 5 per share, with a dividend yield of 2.27%. The next payment of GBX 0.02 per share was paid on Friday, October 4, to investors who owned the stock before the ex-dividend date of Thursday, August 22. The company currently pays out 8,333.33% of its earnings and 38.62% of its cash flow as dividends.

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CTEC Dividend Payments by Quarter

The chart below displays up to four years of ConvaTec Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CTEC Dividend Yield Over Time

The chart below tracks ConvaTec Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

ConvaTec Group vs. The Competition

Compare ConvaTec Group's annual dividend, yield, and 3-year growth rate with averages for Medical and LON companies to evaluate its performance against the market.

TypeConvaTec GroupMedical CompaniesLON Companies
Annual DividendGBX 5GBX 0.05GBX 26.82
Dividend Yield2.27%5.12%5.28%

ConvaTec Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings8,333.33%
Based on This Year's Estimate36.88%
Based on Cashflow38.62%

ConvaTec Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
7/30/2024$0.0182-$0.0264
59.15%
0.56%8/22/20248/22/202410/4/2024
3/6/2024$0.0446+$0.0269
152.12%
1.39%4/25/20244/25/20245/23/2024
8/2/2023$0.0177-$0.0256
59.15%
0.67%8/17/20238/17/20239/28/2023
3/9/2023$0.0433-$1.3664
96.93%
1.63%4/6/20234/6/20235/25/2023

This table shows ConvaTec Group's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

ConvaTec Group Dividend - Frequently Asked Questions

The current dividend yield for ConvaTec Group is 2.27%. Learn more on CTEC's dividend yield history.

The annual dividend for CTEC shares is GBX 5. Learn more on CTEC's annual dividend history.

ConvaTec Group's most recent dividend payment of GBX 0.02 per share was made to shareholders on Friday, October 4, 2024.

ConvaTec Group's most recent ex-dividend date was Thursday, August 22, 2024.

The most recent change in the company's dividend was a decrease of GBX 0.03 on Tuesday, July 30, 2024.

The dividend payout ratio for CTEC is:
  • 8,333.33% based on the trailing year of earnings
  • 36.88% based on this year's estimates
  • 38.62% based on cash flow

ConvaTec Group's dividend yield of 2.23% is lower than the average Medical company that issues a dividend. ConvaTec Group's dividend payout ratio of 8,333.33% may not be sustainable.

Looking at the stock as a whole, market analysts rate ConvaTec Group stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (LON:CTEC) was last updated on 12/24/2024 by MarketBeat.com Staff
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