Sustainable Growth, Investor Value: Compass Diversified Hldgs's Dividend Adjustments in Sync with Earnings Expansion
Portfolio Pulse from Benzinga Insights
Compass Diversified Hldgs (NYSE:CODI) is set to distribute a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 5.40%. The company's dividend per share has decreased from $1.44 in 2019 to $1.00 in 2022, while its earnings per share have increased from $-0.63 to $2.21 over the same period. NewtekOne (NASDAQ:NEWT) has the highest annualized dividend yield in the industry at 8.81%.
October 26, 2023 | 3:05 pm
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NEUTRAL IMPACT
Compass Diversified Hldgs is distributing a dividend of $0.25 per share. Despite a decrease in dividend per share since 2019, the company's earnings per share have increased, indicating potential for enhanced cash dividend payouts.
The company's dividend per share has decreased, which may not be favorable for income-seeking investors. However, the increase in earnings per share indicates the company's potential to enhance their cash dividend payout, which can benefit these investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
NewtekOne has the highest annualized dividend yield in the industry at 8.81%.
The company is mentioned in comparison to Compass Diversified Hldgs. Its high annualized dividend yield may attract income-seeking investors.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50