Corby Spirit and Wine (TSX:CSW.A) Dividend Payout Ratio : 0.78 (As of Dec. 2023)

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What is Corby Spirit and Wine Dividend Payout Ratio?

Corby Spirit and Wine's dividend payout ratio for the months ended in Dec. 2023 was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Corby Spirit and Wine Ltd is 1.05, which seems too high.

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

TSX:CSW.A' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.79 Med: 0.94 Max: 1.06
Current: 1.05

During the past 13 years, the highest Dividend Payout Ratio of Corby Spirit and Wine was 1.06. The lowest was 0.79. And the median was 0.94.

TSX:CSW.A's Dividend Payout Ratio is ranked worse than
86.78% of 121 companies
in the Beverages - Alcoholic industry
Industry Median: 0.47 vs TSX:CSW.A: 1.05

As of today (2024-04-26), the Dividend Yield % of Corby Spirit and Wine is 6.30%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Corby Spirit and Wine was 6.77%. The lowest was 3.01%. And the median was 4.40%.

Corby Spirit and Wine's Dividends per Share for the months ended in Dec. 2023 was C$0.21.

During the past 12 months, Corby Spirit and Wine's average Dividends Per Share Growth Rate was -10.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Corby Spirit and Wine was 16.00% per year. The lowest was -6.90% 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.

Corby Spirit and Wine Dividend Payout Ratio Historical Data

The historical data trend for Corby Spirit and Wine'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.

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Corby Spirit and Wine Dividend Payout Ratio Chart

Corby Spirit and Wine Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.98

0.91

0.79

1.06

1.04

Corby Spirit and Wine Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.74	1.50	1.60	0.80	0.78

Competitive Comparison of Corby Spirit and Wine's Dividend Payout Ratio

For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.

Corby Spirit and Wine's Dividend Payout Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Corby Spirit and Wine's Dividend Payout Ratio falls into.

Corby Spirit and Wine Dividend Payout Ratio Calculation

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

Corby Spirit and Wine'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 )
	=	0.88	/	0.845
	=	1.04

Corby Spirit and Wine'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 )
	=	0.21	/	0.27
	=	0.78

Corby Spirit and Wine (TSX:CSW.A) 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.

Corby Spirit and Wine Dividend Payout Ratio Related Terms

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

Corby Spirit and Wine (TSX:CSW.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Corby Spirit and Wine Ltd (TSX:CSW.A) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CRBBF:USA CBYDF:USA CSW.B:Canada

Address

225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2

Website

https://www.corby.ca

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions. The Case Goods segment derives its revenue from the production and distribution of its owned beverage alcohol brands. The Commissions segment earns commission income from the representation of non-owned beverage alcohol brands in Canada.

Corby Spirit and Wine (TSX:CSW.A) Headlines

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