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Cash Converters International (ASX:CCV) Dividend Yield %

: 9.52% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Cash Converters International is 9.52%.

Good Sign:

Cash Converters International Ltd stock dividend yield is close to 5-year high.

The historical rank and industry rank for Cash Converters International's Dividend Yield % or its related term are showing as below:

ASX:CCV' s Dividend Yield % Range Over the Past 10 Years
Min: 2.48   Med: 4.68   Max: 10.81
Current: 9.52

During the past 13 years, the highest Dividend Yield of Cash Converters International was 10.81%. The lowest was 2.48%. And the median was 4.68%.

ASX:CCV's Dividend Yield % is ranked better than
95.17% of 559 companies
in the Retail - Cyclical industry
Industry Median: 2.79 vs ASX:CCV: 9.52

Cash Converters International's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cash Converters International Ltd is 0.71, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Cash Converters International was 0.73. The lowest was 0.24. And the median was 0.39.

As of today (2024-04-19), the Forward Dividend Yield % of Cash Converters International is 9.52%.

Cash Converters International's Dividends per Share for the six months ended in Dec. 2023 was A$0.01.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cash Converters International was 81.70% per year. The lowest was -37.00% per year. And the median was 5.80% per year.

The growth rate is calculated with least square regression.

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


Cash Converters International Dividend Yield % Historical Data

The historical data trend for Cash Converters International'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.

Cash Converters International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.55 8.70 8.89

Cash Converters International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 7.41 8.70 8.33 8.89 9.30

Competitive Comparison

For the Specialty Retail subindustry, Cash Converters International'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.


Cash Converters International Dividend Yield % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Cash Converters International's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cash Converters International's Dividend Yield % falls into.



Cash Converters International Dividend Yield % Calculation

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

Cash Converters International Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0102024-03-252024-03-262024-04-12Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0102023-09-142023-09-152023-10-13Cash Dividendsemi-annuallyAUD: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.

Cash Converters International's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.02/0.21
=9.52 %

Current Share Price is A$0.21.
Cash Converters International's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.02.

Cash Converters International's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.02/0.21
=9.52 %

Current Share Price is A$0.21.
Cash Converters International's Dividends per Share for the forward twelve months is calculated as A$0.01 * 2 = A$0.02.

* 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.


Cash Converters International  (ASX:CCV) 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.


Cash Converters International Dividend Yield % Related Terms

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Cash Converters International (ASX:CCV) Business Description

Traded in Other Exchanges
N/A
Address
141 St Georges Terrace, Level 11, Perth, WA, AUS, 6000
Cash Converters International Ltd is a franchised retail network that specializes in the sale of second-hand goods. It operates through three business segments. Store Operations segment, which is the key revenue driver, involves the retail sale of new and second-hand goods, cash advance, and pawnbroking operations. Personal Finance segment comprises the Cash Converters Personal Finance personal loans business. The vehicle Financing segment comprises Green Light Auto Group, which provides motor vehicle finance. It operates in two geographical areas Australia and the United Kingdom. The company generates the majority of its revenue from the Personal finance segment.