Cofle SpA (MIL:CFL) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Cofle SpA Dividend Payout Ratio?

Cofle SpA's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cofle SpA is 4.24, which seems too high.

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

MIL:CFL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.89 Med: 2.56 Max: 4.24
Current: 4.24

During the past 5 years, the highest Dividend Payout Ratio of Cofle SpA was 4.24. The lowest was 0.89. And the median was 2.56.

MIL:CFL's Dividend Payout Ratio is ranked worse than
98.93% of 749 companies
in the Vehicles & Parts industry
Industry Median: 0.27 vs MIL:CFL: 4.24

As of today (2024-05-27), the Dividend Yield % of Cofle SpA is 2.96%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Cofle SpA was 4.65%. The lowest was 2.50%. And the median was 3.03%.

Cofle SpA's Dividends per Share for the months ended in Dec. 2023 was €0.00.

During the past 12 months, Cofle SpA's average Dividends Per Share Growth Rate was -24.20% per year.

The growth rate is calculated with least square regression.

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

Cofle SpA Dividend Payout Ratio Historical Data

The historical data trend for Cofle SpA'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.

Cofle SpA Dividend Payout Ratio Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.89

4.24

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial				-	0.68	-	2.38	-

Competitive Comparison of Cofle SpA's Dividend Payout Ratio

For the Auto Parts subindustry, Cofle SpA'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.

Cofle SpA's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cofle SpA's Dividend Payout Ratio falls into.

Cofle SpA Dividend Payout Ratio Calculation

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

Cofle SpA'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 )
	=	0.25	/	0.059
	=	4.24

Cofle SpA'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	/	-0.046
	=	N/A

Cofle SpA (MIL:CFL) 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.

Cofle SpA Dividend Payout Ratio Related Terms

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

Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

Y9A:Germany

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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