NASDAQ:CETXP
Cemtrex Inc. Series 1 Preferred Stock Stock Dividends
$0.250
+0 (+0%)
At Close: Apr 26, 2024
CETXP pays dividends yearly. Last paid amount was $5.00 at Apr 07, 2023. As of today, dividend yield (TTM) is 0%.
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.
AI Analysis of CETXP
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Key Stats
| Dividend Yield (TTM) | 0% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $5.00 |
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Cemtrex Inc. Series 1 Preferred Stock has not yet announced its next dividend date. Last payment date was: Apr 07, 2023.
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CETXP Dividend Payout History
To ensure a understanding of CETXP'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 | Mar 23, 2023 | Mar 30, 2023 | Apr 07, 2023 | $5.00 | 1,000.00% |
| 2 | Mar 13, 2017 | Mar 22, 2017 | Mar 31, 2017 | $0.124 | 3.07% |
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 (50.00%)
Growth potential
No dividend expected in the near future
CETXP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Highway Holdings Limited | 9.32M | $0.0500 | 13.30% | - | |
| Art | 9.934M | $0.0500 | 0% | - | |
| Cemtrex Inc. Series 1 Preferred Stock | 1.14M | $5.00 | 0% | - |
FAQ
What factors can affect the amount of CETXP's dividend payments?
The amount of CETXP'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 CETXP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from CETXP stock be automatically reinvested?
If CETXP 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 CETXP stock.
How often does CETXP pay dividend?
Cemtrex Inc. Series 1 Preferred Stock (CETXP) pays dividends yearly. The most recent payout was on Apr 07, 2023.
How much does CETXP pays per share?
The last recorder (Mar 30, 2023) dividend per share was $5.00.
What is CETXP dividend growth rate?
Over the last year, Cemtrex Inc. Series 1 Preferred Stock has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Cemtrex Inc. Series 1 Preferred Stock has maintained an average Dividends Per Share Growth Rate of 0%.
