Ausnet Services Dividend yield




   AUD/share 
 Price  1.84
 Dividend  0.10
 Earnings  0.09
 Cash-flow  0.19
 Book value  0.80
 Equity  0.84

Ausnet Services is part of Electricity business, which is part of Utilities industry. Ausnet Services is a company from Australia, and his stocks are publicly traded.

Ausnet Services paid a total dividend of 380 million AUD last year, for a market value of 6,994 millions (Market Cap 3,418 millions). Dividend per share of Ausnet Services is 0.10 AUD, and his stock market price 1.84 AUD.

According to the chart below, where dividend yield is displayed, Ausnet Services has a dividend yield of 5.37%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Utilities 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 Ausnet Services dividend yield with other Electricity companies or firms from Australia.

Dividend yield of Ausnet Services

Ausnet Services Dividend Payout

About the ability of Ausnet Services to maintain his current dividend of AUD 0.10 per share, an amount that accounts for 5.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ausnet Services payout on ernings is currently 111.11%, which is higher than the market average, and companies of Utilities industry, which are 38.17% and 58.26% respectively. Both figures show that Ausnet Services 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 Ausnet Services is AUD 0.19 per share, which is higher than the dividend per share paid by the company of AUD 0.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Ausnet Services, compared againt world market average, Australia companies, Utilities industry and Electricity sector companies.

Ausnet Services payout

Ausnet Services Dividend History

Year Yield  AUD  Paypout  Shares* 
Present5.37%0.10111.11%3,801
20205.61%0.10111.11%3,727
20195.86%0.10125.00%3,690
20186.10%0.10100.00%3,614
20175.00%0.09112.50%3,603
20165.84%0.0960.00%3,566
20155.61%0.080.00%3,509

*In millions

Ausnet Services Stock performance

Finally, last moth Ausnet Services showed a return of 10.90% compared to a worldwide 4.24% average, and a 7.19% of Utilities firms. Over the last year, the company obtained a 7.30% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Australia and Electricity firms.

Ausnet Services stock and market return