Latest news with #CCLIndustries'
Yahoo
13-05-2025
- Business
- Yahoo
CCL Industries' (TSE:CCL.B) Dividend Will Be CA$0.32
CCL Industries Inc.'s (TSE:CCL.B) investors are due to receive a payment of CA$0.32 per share on 27th of June. This takes the annual payment to 1.6% of the current stock price, which unfortunately is below what the industry is paying. We've discovered 2 warning signs about CCL Industries. View them for free. The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. However, prior to this announcement, CCL Industries' dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. Looking forward, earnings per share is forecast to rise by 1.2% over the next year. If the dividend continues on this path, the payout ratio could be 28% by next year, which we think can be pretty sustainable going forward. Check out our latest analysis for CCL Industries The company has a sustained record of paying dividends with very little fluctuation. Since 2015, the annual payment back then was CA$0.24, compared to the most recent full-year payment of CA$1.28. This works out to be a compound annual growth rate (CAGR) of approximately 18% a year over that time. Rapidly growing dividends for a long time is a very valuable feature for an income stock. The company's investors will be pleased to have been receiving dividend income for some time. It's encouraging to see that CCL Industries has been growing its earnings per share at 13% a year over the past five years. CCL Industries definitely has the potential to grow its dividend in the future with earnings on an uptrend and a low payout ratio. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. For example, we've identified 2 warning signs for CCL Industries (1 is potentially serious!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-02-2025
- Business
- Yahoo
CCL Industries' (TSE:CCL.B) Upcoming Dividend Will Be Larger Than Last Year's
The board of CCL Industries Inc. (TSE:CCL.B) has announced that it will be paying its dividend of CA$0.32 on the 31st of March, an increased payment from last year's comparable dividend. Based on this payment, the dividend yield for the company will be 1.8%, which is fairly typical for the industry. Check out our latest analysis for CCL Industries We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. However, prior to this announcement, CCL Industries' dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. Looking forward, earnings per share is forecast to rise by 16.1% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 25%, which is in the range that makes us comfortable with the sustainability of the dividend. The company has a sustained record of paying dividends with very little fluctuation. The dividend has gone from an annual total of CA$0.20 in 2015 to the most recent total annual payment of CA$1.28. This works out to be a compound annual growth rate (CAGR) of approximately 20% a year over that time. Rapidly growing dividends for a long time is a very valuable feature for an income stock. Investors could be attracted to the stock based on the quality of its payment history. It's encouraging to see that CCL Industries has been growing its earnings per share at 12% a year over the past five years. With a decent amount of growth and a low payout ratio, we think this bodes well for CCL Industries' prospects of growing its dividend payments in the future. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All of these factors considered, we think this has solid potential as a dividend stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've picked out 1 warning sign for CCL Industries that investors should know about before committing capital to this stock. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
