ConvaTec Group (LSE:CTEC) Dividend Payout Ratio : 0.27 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is ConvaTec Group Dividend Payout Ratio?

ConvaTec Group's dividend payout ratio for the months ended in Dec. 2023 was 0.27.

The historical rank and industry rank for ConvaTec Group's Dividend Payout Ratio or its related term are showing as below:

LSE:CTEC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.46 Max: 0.49
Current: 0.47

During the past 11 years, the highest Dividend Payout Ratio of ConvaTec Group was 0.49. The lowest was 0.08. And the median was 0.46.

LSE:CTEC's Dividend Payout Ratio is ranked worse than
54.68% of 278 companies
in the Medical Devices & Instruments industry
Industry Median: 0.43 vs LSE:CTEC: 0.47

As of today (2024-05-21), the Dividend Yield % of ConvaTec Group is 1.92%.

During the past 11 years, the highest Trailing Annual Dividend Yield of ConvaTec Group was 4.05%. The lowest was 0.43%. And the median was 2.07%.

ConvaTec Group's Dividends per Share for the months ended in Dec. 2023 was £0.01.

During the past 12 months, ConvaTec Group's average Dividends Per Share Growth Rate was 4.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.40% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of ConvaTec Group was 60.10% per year. The lowest was -4.40% per year. And the median was 4.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

ConvaTec Group Dividend Payout Ratio Historical Data

The historical data trend for ConvaTec Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ConvaTec Group Dividend Payout Ratio Chart

ConvaTec Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.49

0.46

0.43

0.47

ConvaTec Group Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial														0.30	0.64	0.26	0.67	0.27

Competitive Comparison of ConvaTec Group's Dividend Payout Ratio

For the Medical Instruments & Supplies subindustry, ConvaTec Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ConvaTec Group's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ConvaTec Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where ConvaTec Group's Dividend Payout Ratio falls into.

ConvaTec Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

ConvaTec Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.05	/	0.106
	=	0.47

ConvaTec Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.014	/	0.052
	=	0.27

ConvaTec Group (LSE:CTEC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

ConvaTec Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of ConvaTec Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

ConvaTec Group (LSE:CTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ConvaTec Group PLC (LSE:CTEC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CNVVF:USA CNVVY:USA CTECl:UK

Address

23 Forbury Road, 3 Forbury Place, Reading, GBR, RG1 3JH

Website

https://www.convatecgroup.com

Originally spun out of Bristol-Myers Squibb, Convatec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. Advanced wound care and continence care are the largest divisions, accounting for 30% and 26% of total revenue, respectively. Ostomy contributes 25% of revenue and infusion sets 19%.