Central Securities Corp Stock Dividends Overview

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

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.92%
Frequency Biannually
1Y Growth 725.00%
Payout Ratio 0
Amount Per Share $1.65
Central Securities Corp has not yet announced its next dividend date. Last payment date was: Dec 21, 2023.

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.


# Declaration Date Ex-Date Pay Date Amount Yield
61 Nov 14, 1994 Nov 14, 1994 Dec 28, 1994 $0.0580 0.368%
62 Jun 01, 1994 Jun 01, 1994 Jun 01, 1994 $0.150 0.88%
63 Nov 09, 1993 Nov 09, 1993 Dec 27, 1993 $1.50 9.75%
64 May 28, 1993 May 28, 1993 Jun 25, 1993 $0.100 0.684%
65 Nov 10, 1992 Nov 10, 1992 Dec 28, 1992 $0.0700 0.596%
66 Jun 01, 1992 Jun 01, 1992 Jun 01, 1992 $0.100 1.01%
67 Nov 08, 1991 Nov 08, 1991 Dec 27, 1991 $0.600 6.57%
68 Jun 03, 1991 Jun 03, 1991 Jun 28, 1991 $0.100 1.11%
69 Nov 07, 1990 Nov 09, 1990 Dec 27, 1990 $0.600 7.61%
70 May 18, 1990 May 25, 1990 Jun 29, 1990 $0.100 1.05%

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

Low (12.75%)

Growth potential

Decrease likely (55.27%)

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 (1.81%). 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 (11.02%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of CET's dividend payments?
The amount of CET's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CET sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CET stock be automatically reinvested?
If CET offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CET stock.

How often does CET pay dividend?
Central Securities Corp (CET) pays dividends biannually. The most recent payout was on Dec 21, 2023.

How much does CET pays per share?
The last recorder (Nov 10, 2023) dividend per share was $1.65.

What is CET dividend growth rate?
Over the last year, Central Securities Corp has witnessed growth rate of 725.00% . Looking back over the past 3 years, this growth rate has been 102.06%. Furthermore, examining the past 5 years, Central Securities Corp has maintained an average Dividends Per Share Growth Rate of 52.51%.
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About Central Securities Corp

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York, New York.... CET Profile

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