As of today (2024-04-27), the Trailing Annual Dividend Yield of Corby Spirit and Wine is 6.94%.
Good Sign:
Corby Spirit and Wine Ltd stock dividend yield is close to 10-year high.
The historical rank and industry rank for Corby Spirit and Wine's Dividend Yield % or its related term are showing as below:
TSX:CSW.B'
s Dividend Yield % Range Over the Past 10 Years
Min: 3.01 Med: 4.4 Max: 7.09
Current: 6.94
During the past 13 years, the highest Dividend Yield of Corby Spirit and Wine was 7.09%. The lowest was 3.01%. And the median was 4.40%.
TSX:CSW.B's Dividend Yield % is ranked better than 88.59% of 149
companies
in the Beverages - Alcoholic industry
Industry Median: 2.74
vs TSX:CSW.B: 6.94
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.
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.
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 Yield % Historical Data
The historical data trend for Corby Spirit and Wine'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.
Competitive Comparison of Corby Spirit and Wine's Dividend Yield %
For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.
Corby Spirit and Wine's Dividend Yield % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Corby Spirit and Wine's Dividend Yield % falls into.
Corby Spirit and Wine Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Corby Spirit and Wine Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.210
2024-02-26
2024-02-27
2024-03-13
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.210
2023-11-23
2023-11-24
2023-12-08
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.210
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.210
2023-05-19
2023-05-23
2023-06-06
Cash Dividend
quarterly
CAD:CAD 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.
Corby Spirit and Wine's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Corby Spirit and Wine (TSX:CSW.B) 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.
Corby Spirit and Wine Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Corby Spirit and Wine's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Corby Spirit and Wine (TSX:CSW.B) Business Description
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.
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