If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cleanaway Waste Management Ltd is 2.38, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Cleanaway Waste Management was 2.38. The lowest was 0.41. And the median was 0.61.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 16.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cleanaway Waste Management was 34.30% per year. The lowest was 7.90% per year. And the median was 25.35% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Cleanaway Waste Management Dividend Yield % Historical Data
* 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 Cleanaway Waste Management's Dividend Yield %
For the Waste Management subindustry, Cleanaway Waste Management'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.
Cleanaway Waste Management's Dividend Yield % Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Cleanaway Waste Management's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Cleanaway Waste Management Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.025000
2024-03-01
2024-03-04
2024-04-08
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.025000
2023-09-14
2023-09-15
2023-10-06
Cash Dividend
semi-annually
AUD: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.
* 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.
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.
Cleanaway Waste Management Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Cleanaway Waste Management's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cleanaway Waste Management (ASX:CWY) Business Description
Cleanaway Waste Management is Australia's largest waste management business with a national footprint spanning collection, midstream waste processing, treatment, and valorization, and downstream waste disposal. Cleanaway is active in municipal and commercial and industrial, or C&I, waste stream segments and in nonhazardous and hazardous liquid waste and medical waste streams following the acquisition of Toxfree in fiscal 2018. While Cleanaway is allocating greater capital to midstream waste processing and treatment, earnings remain skewed toward waste collection. Cleanaway is particularly strong in C&I and municipal waste collection with strong market share in all large Australian metro waste collection market.
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