By the close of today, June 20, 2023, Compass Minerals Intl CMP will issue a dividend payout of $0.15 per share, resulting in an annualized dividend yield of 1.75%. Only those investors who owned the stock prior to the ex-dividend date on June 08, 2023 will receive this payout.
Compass Minerals Intl Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-08 | 4 | $0.15 | 1.75% | 2023-05-23 | 2023-06-09 | 2023-06-20 |
| 2023-03-09 | 4 | $0.15 | 1.49% | 2023-02-16 | 2023-03-10 | 2023-03-20 |
| 2022-12-08 | 4 | $0.15 | 1.38% | 2022-11-15 | 2022-12-09 | 2022-12-20 |
| 2022-09-08 | 4 | $0.15 | 1.42% | 2022-08-25 | 2022-09-09 | 2022-09-20 |
| 2022-06-09 | 4 | $0.15 | 1.36% | 2022-05-20 | 2022-06-10 | 2022-06-20 |
| 2022-03-09 | 4 | $0.15 | 1.12% | 2022-02-24 | 2022-03-10 | 2022-03-21 |
| 2021-12-09 | 4 | $0.15 | 0.84% | 2021-11-15 | 2021-12-10 | 2021-12-20 |
| 2021-09-09 | 4 | $0.72 | 4.42% | 2021-08-19 | 2021-09-10 | 2021-09-20 |
| 2021-06-09 | 4 | $0.72 | 4.05% | 2021-05-18 | 2021-06-10 | 2021-06-18 |
| 2021-03-09 | 4 | $0.72 | 4.31% | 2021-02-25 | 2021-03-10 | 2021-03-19 |
| 2020-11-30 | 4 | $0.72 | 4.66% | 2020-11-19 | 2020-12-01 | 2020-12-15 |
| 2020-08-31 | 4 | $0.72 | 5.04% | 2020-08-20 | 2020-09-01 | 2020-09-15 |
Analyzing Compass Minerals Intl 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.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company experienced a reduction in its dividend per share, decreasing from $2.88 to $0.60. This decline in dividends may raise concerns among investors and warrants further analysis to understand the factors contributing to this negative trend.
YoY Earnings Growth For Compass Minerals Intl
From 2019 to 2022, Compass Minerals Intl experienced a decrease in earnings per share, dropping from $1.70 to $0.56. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article provides an in-depth analysis of Compass Minerals Intl's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.15 per share, resulting in an annualized dividend yield of 1.75%.
Given that Compass Minerals Intl has experienced a decrease in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is facing challenges in its financial standing, and there may be limitations in continuing to distribute profits to their investors at the same level.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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