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Cobram Estate Olives (ASX:CBO) Dividend Yield % : 1.83% (As of May. 04, 2024)


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What is Cobram Estate Olives Dividend Yield %?

As of today (2024-05-04), the Trailing Annual Dividend Yield of Cobram Estate Olives is 1.83%.

The historical rank and industry rank for Cobram Estate Olives's Dividend Yield % or its related term are showing as below:

ASX:CBO' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.89
Current: 1.83

During the past 2 years, the highest Dividend Yield of Cobram Estate Olives was 2.89%. The lowest was 0.00%. And the median was 0.00%.

ASX:CBO's Dividend Yield % is ranked worse than
60.59% of 1086 companies
in the Consumer Packaged Goods industry
Industry Median: 2.39 vs ASX:CBO: 1.83

Cobram Estate Olives's Dividend Payout Ratio for the six 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 Cobram Estate Olives Ltd is 1.50, which seems too high.

During the past 2 years, the highest Dividend Payout Ratio of Cobram Estate Olives was 1.83. The lowest was 1.50. And the median was 1.83.

As of today (2024-05-04), the Forward Dividend Yield % of Cobram Estate Olives is 1.83%.

Cobram Estate Olives's Dividends per Share for the six months ended in Dec. 2023 was A$0.03.

The growth rate is calculated with least square regression.

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


Cobram Estate Olives Dividend Yield % Historical Data

The historical data trend for Cobram Estate Olives's Dividend Yield % 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.

Cobram Estate Olives Dividend Yield % Chart

Cobram Estate Olives Annual Data
Trend Jun22 Jun23
Dividend Yield %
2.26 2.67

Cobram Estate Olives Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial 1.68 2.26 2.28 2.67 1.90

Competitive Comparison of Cobram Estate Olives's Dividend Yield %

For the Packaged Foods subindustry, Cobram Estate Olives's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Cobram Estate Olives's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cobram Estate Olives's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cobram Estate Olives's Dividend Yield % falls into.



Cobram Estate Olives Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cobram Estate Olives Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0330002023-11-232023-11-242023-12-13Cash DividendannuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cobram Estate Olives's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.033/1.80
=1.83 %

Current Share Price is A$1.80.
Cobram Estate Olives's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.033.

Cobram Estate Olives's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.033/1.80
=1.83 %

Current Share Price is A$1.80.
Cobram Estate Olives's Dividends per Share for the forward twelve months is calculated as A$0.033 * 1 = A$0.033.

* 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.


Cobram Estate Olives  (ASX:CBO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cobram Estate Olives Dividend Yield % Related Terms

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Cobram Estate Olives (ASX:CBO) Business Description

Traded in Other Exchanges
N/A
Address
151 Broderick Road, Corio, Lara, VIC, AUS, 3212
Cobram Estate Olives Ltd is a producer and marketer of premium quality extra virgin olive oil. It owns the two Australian extra virgin olive oil brands, Cobram Estate and Red Island. The company's geographical segment includes Australia; United States of America and Innovation and value-added products. It derives a majority of revenue from Australian operations.

Cobram Estate Olives (ASX:CBO) Headlines

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