If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Comet Holding AG is 2.11, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Comet Holding AG was 2.11. The lowest was 0.15. And the median was 0.34.
During the past 12 months, Comet Holding AG's average Dividends Per Share Growth Rate was 5.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 54.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 25.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 17.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Comet Holding AG was 100.00% per year. The lowest was -37.00% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Comet Holding AG Dividend Yield % Historical Data
The historical data trend for Comet Holding AG'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 Comet Holding AG's Dividend Yield %
For the Scientific & Technical Instruments subindustry, Comet Holding AG'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.
Comet Holding AG's Dividend Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Comet Holding AG's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Comet Holding AG's Dividend Yield % falls into.
Comet Holding AG Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Comet Holding AG Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CHF 1.000000
2024-04-23
2024-04-24
2024-04-25
Cash Dividend
annually
CHF:CHF 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.
Comet Holding AG'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.
Comet Holding AG (XSWX:COTN) 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.
Thank you for viewing the detailed overview of Comet Holding AG's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Comet Holding AG is a vendor of x-ray, radio frequency (RF) power and ebeam technology. It markets its systems and services, under the Comet, Yxlon and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor and solar industries as well as the security sector. Under the ebeam brand, the group develops and markets compact ebeam sets for the treatment of surfaces in the food and printing industries.
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