Central Securities Corp Stock Dividends
CET pays dividends biannually. Last paid amount was $1.65 at Dec 21, 2023. As of today, dividend yield (TTM) is 4.92%.
Dividend Yield Range
AI Analysis of CET
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.92% |
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| Frequency | Biannually |
| 1Y Growth | 725.00% |
| Payout Ratio | 0 |
| Amount Per Share | $1.65 |
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Central Securities Corp has not yet announced its next dividend date. Last payment date was: Dec 21, 2023.
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CET Dividend Payout History
To ensure a understanding of CET's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 03, 2023 | Nov 10, 2023 | Dec 21, 2023 | $1.65 | 4.36% |
| 2 | May 24, 2023 | Jun 09, 2023 | Jun 27, 2023 | $0.200 | 0.557% |
| 3 | Nov 03, 2022 | Nov 10, 2022 | Dec 20, 2018 | $2.25 | 9.12% |
| 4 | May 25, 2022 | Jun 10, 2022 | Jun 24, 2022 | $0.200 | 0.564% |
| 5 | Nov 03, 2021 | Nov 12, 2021 | Dec 22, 2021 | $3.55 | 8.37% |
| 6 | May 19, 2021 | Jun 11, 2021 | Jun 25, 2021 | $0.200 | 0.471% |
| 7 | Nov 04, 2020 | Nov 13, 2020 | Dec 22, 2020 | $0.650 | 2.05% |
| 8 | May 20, 2020 | Jun 12, 2020 | Jun 26, 2020 | $0.200 | 0.704% |
| 9 | Nov 05, 2019 | Nov 15, 2019 | Dec 23, 2019 | $0.370 | 1.12% |
| 10 | May 22, 2019 | Jun 07, 2019 | Jun 25, 2019 | $0.200 | 0.671% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
CET Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from CET dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CET stock here.
Comparing CET to Sector and Country
CET pays a solid dividend yield of 4.92%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). CET’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.
