ASX Dividend yield




   AUD/share 
 Price  71.05
 Dividend  2.35
 Earnings  2.71
 Cash-flow  6.90
 Book value  19.20
 Equity  19.64

ASX is part of Financial Services business, which is part of Financials industry. ASX is a company from Australia, and his stocks are publicly traded.

ASX paid a total dividend of 456 million AUD last year, for a market value of 13,784 millions (Market Cap 13,745 millions). Dividend per share of ASX is 2.35 AUD, and his stock market price 71.05 AUD.

According to the chart below, where dividend yield is displayed, ASX has a dividend yield of 3.31%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare ASX dividend yield with other Financial Services companies or firms from Australia.

Dividend yield of ASX

ASX Dividend Payout

About the ability of ASX to maintain his current dividend of AUD 2.35 per share, an amount that accounts for 3.31%, we should study its payout ratio both on earnings and on cash-flows (see chart below). ASX payout on ernings is currently 86.72%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% respectively. Both figures show that ASX can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of ASX is AUD 6.90 per share, which is higher than the dividend per share paid by the company of AUD 2.35, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of ASX, compared againt world market average, Australia companies, Financials industry and Financial Services sector companies.

ASX payout

ASX Dividend History

Year Yield  AUD  Paypout  Shares* 
Present3.31%2.3586.72%194
20203.32%2.3987.87%194
20192.92%2.2984.50%194
20183.61%2.1687.45%194
20173.68%2.0284.17%194
20164.07%1.9883.54%192
20154.53%1.8784.62%192

*In millions

ASX Stock performance

Finally, last moth ASX showed a return of 5.10% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a -7.80% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Australia and Financial Services firms.

ASX stock and market return