08-31-2023
GBP/share | |
Price | 7.60 |
Dividend | 0.21 |
Earnings | 0.66 |
Cash-flow | 0.65 |
Book value | 2.81 |
Equity | 2.59 |
Electrocomponents is part of Support Services business, which is part of Industrials industry. Electrocomponents is a company from UK, and his stocks are publicly traded.
Electrocomponents stock dividend
Electrocomponents paid a total dividend of 99 million GBP last year, for a market value of 3,595 millions (Market Cap 3,591 millions). Electrocomponents dividend per share is 0.21 GBP, and his stock market price 7.60 GBP.
According to the chart below, where dividend yield is displayed, Electrocomponents has a dividend yield of 2.75%, lower than the amount offered by both the market average and companies from UK. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Electrocomponents stocks dividend with other Support Services companies or other of the highest UK dividend stocks list.
Electrocomponents Dividend Payout
About the ability of Electrocomponents to maintain his current dividend of GBP 0.21 per share, an amount that accounts for 2.75%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Electrocomponents payout on ernings is currently 31.82%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Electrocomponentscan maintain his current dividend.
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 Electrocomponents is GBP 0.65 per share, which is higher than the dividend per share paid by the company of GBP 0.21, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Electrocomponents, compared againt world market average, UK companies, Industrials industry and Support Services sector companies.
Electrocomponents Dividend History
Below you will find a table with the historical evolution of Electrocomponents's dividend stock, both in percentage and in GBP, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | GBP | Paypout | Shares* |
Present | 2.75% | 0.21 | 31.82% | 473 |
2022 | 2.10% | 0.19 | 34.55% | 471 |
2021 | 1.34% | 0.16 | 50.00% | 470 |
*In millions
Electrocomponents Stock performance
Finally, last moth Electrocomponents showed a return of -3.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -30.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for UK and Support Services firms.