Stability and Investor Confidence: Compass Diversified Hldgs Lowers Payouts with Growing Earnings

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On July 27, 2023, Compass Diversified Hldgs CODI will distribute a dividend payout of $0.25 per share, equating to an annualized dividend yield of 4.64%. Shareholders who owned the stock before the ex-dividend date on July 19, 2023 will receive this payout.

Compass Diversified Hldgs Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-07-19 4 $0.25 4.64% 2023-07-05 2023-07-20 2023-07-27
2023-04-19 4 $0.25 5.24% 2023-04-03 2023-04-20 2023-04-27
2023-01-18 4 $0.25 5.2% 2023-01-04 2023-01-19 2023-01-26
2022-10-19 4 $0.25 5.45% 2022-10-04 2022-10-20 2022-10-27
2022-07-20 4 $0.25 4.67% 2022-07-01 2022-07-21 2022-07-28
2022-04-20 4 $0.25 4.21% 2022-04-01 2022-04-21 2022-04-28
2022-01-12 4 $0.25 3.27% 2022-01-03 2022-01-13 2022-01-20
2021-10-14 4 $0.36 5.09% 2021-10-05 2021-10-15 2021-10-22
2021-07-14 4 $0.36 5.6% 2021-07-02 2021-07-15 2021-07-22
2021-04-14 4 $0.36 6.22% 2021-04-01 2021-04-15 2021-04-22
2021-01-14 4 $0.36 7.4% 2021-01-04 2021-01-15 2021-01-22
2020-10-14 4 $0.36 7.56% 2020-10-01 2020-10-15 2020-10-22

Analyzing Compass Diversified Hldgs Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

The company experienced a decrease in dividend per share from 2019 to 2022, with the dividend per share decreasing from $1.44 to $1.00. This decline in dividends is concerning for investors and demands further analysis to determine the contributing factors.

YoY Earnings Growth For Compass Diversified Hldgs

From 2019 to 2022, Compass Diversified Hldgs experienced a growth in earnings per share, with an increase from $-0.63 to $2.21. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

This article delves into the recent dividend payout of Compass Diversified Hldgs and its implications for shareholders. Presently, the company is distributing a dividend of $0.25 per share, leading to an annualized dividend yield of 4.64%.

The declining dividend per share and rising earnings per share of Compass Diversified Hldgs from 2019 to 2022 indicate a deliberate decision to prioritize reinvestment of profits into the company's operations over dividend payments.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: DividendsBZI-DP
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