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Bega Cheese (ASX:BGA) Dividend Payout Ratio : 0.35 (As of Dec. 2023)


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What is Bega Cheese Dividend Payout Ratio?

Bega Cheese's dividend payout ratio for the months ended in Dec. 2023 was 0.35.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Bega Cheese Ltd is 1.754, which seems too high.

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


During the past 12 years, the highest Dividend Payout Ratio of Bega Cheese was 1.75. The lowest was 0.11. And the median was 0.85.

ASX:BGA's Dividend Payout Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.395
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-26), the Dividend Yield % of Bega Cheese is 1.67%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Bega Cheese was 3.97%. The lowest was 1.06%. And the median was 1.81%.

Bega Cheese's Dividends per Share for the months ended in Dec. 2023 was A$0.03.

During the past 12 months, Bega Cheese's average Dividends Per Share Growth Rate was -31.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Bega Cheese was 40.90% per year. The lowest was -1.30% per year. And the median was 6.70% per year.

The growth rate is calculated with least square regression.

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


Bega Cheese Dividend Payout Ratio Historical Data

The historical data trend for Bega Cheese'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.

Bega Cheese Dividend Payout Ratio Chart

Bega Cheese Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.02 0.36 1.31 1.75

Bega Cheese Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 - 2.29 - 0.35

Competitive Comparison of Bega Cheese's Dividend Payout Ratio

For the Packaged Foods subindustry, Bega Cheese'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.


Bega Cheese's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bega Cheese's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bega Cheese's Dividend Payout Ratio falls into.



Bega Cheese Dividend Payout Ratio Calculation

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

Bega Cheese's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=0.1/ 0.057
=1.75

Bega Cheese'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 )
=0.03/ 0.087
=0.34

* 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.


Bega Cheese (ASX:BGA) 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.


Bega Cheese Dividend Payout Ratio Related Terms

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


Bega Cheese (ASX:BGA) Business Description

Traded in Other Exchanges
Address
23 Ridge Street, Bega, NSW, AUS, 2550
Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: the branded segment which produces consumer packaged goods primarily sold through the supermarket and foodservice channels and the bulk segment which produces commodity dairy ingredients primarily sold through the business-to-business channel.

Bega Cheese (ASX:BGA) Headlines

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