Costa Group Holdings (ASX:CGC) Dividend Payout Ratio : 0.88 (As of Jun. 2023)

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What is Costa Group Holdings Dividend Payout Ratio?

Costa Group Holdings's dividend payout ratio for the months ended in Jun. 2023 was 0.88.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Costa Group Holdings Ltd is 1.88, which seems too high.

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

ASX:CGC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.5 Max: 78
Current: 1.88

During the past 7 years, the highest Dividend Payout Ratio of Costa Group Holdings was 78.00. The lowest was 0.33. And the median was 0.50.

ASX:CGC's Dividend Payout Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.39 vs ASX:CGC: 1.88

As of today (2024-04-25), the Dividend Yield % of Costa Group Holdings is 1.57%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Costa Group Holdings was 4.54%. The lowest was 0.60%. And the median was 2.22%.

Costa Group Holdings's Dividends per Share for the months ended in Jun. 2023 was A$0.05.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Costa Group Holdings was 42.40% per year. The lowest was -13.40% per year. And the median was -0.80% per year.

The growth rate is calculated with least square regression.

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

Costa Group Holdings Dividend Payout Ratio Historical Data

The historical data trend for Costa Group Holdings'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.

Costa Group Holdings Dividend Payout Ratio Chart

Costa Group Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.33

78.00

0.40

0.99

1.15

Costa Group Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Dividend Payout Ratio	Get a 7-Day Free Trial											0.53	40.00	0.58	-	0.88

Competitive Comparison of Costa Group Holdings's Dividend Payout Ratio

For the Farm Products subindustry, Costa Group Holdings'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.

Costa Group Holdings's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

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

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

Costa Group Holdings Dividend Payout Ratio Calculation

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

Costa Group Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.09	/	0.078
	=	1.15

Costa Group Holdings's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2023 )	/	EPS without NRI (Q: Jun. 2023 )
	=	0.05	/	0.057
	=	0.88

Costa Group Holdings (ASX:CGC) 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.

Costa Group Holdings Dividend Payout Ratio Related Terms

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

Costa Group Holdings (ASX:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Costa Group Holdings Ltd (ASX:CGC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CTTQF:USA

Address

275 Robinsons Road, Unit 1, Ravenhall, VIC, AUS, VIC 3023

Website

https://www.costagroup.com.au

Costa Group is the largest fresh produce company in Australia, with an estimated market share of over 15%, principally supplying fresh fruit and vegetables to the major Australian supermarkets. While supplemented by third-party growers, the firm's products are predominantly sourced from around 7,200 planted hectares of farmland, 40 hectares of tomato glasshouse facilities, and mushroom-growing facilities across Australia. Costa also operates berry farms in Morocco and China as part of its international business.