Countplus Limited dividend – Countplus Ltd Announces 0.015 Cash Dividend
March 19, 2023
Dividends Yield
On March 1 2023, Countplus Ltd announced a 0.015 AUD cash dividend per share. This dividend is in line with their past three years of dividend payments, which have been consistent at 0.03 AUD per share. This means that investors can expect a steady 3.54% dividend yield for the years 2022 to 2024. If you are looking to invest in stocks with a reliable yield, COUNTPLUS LIMITED ($ASX:CUP) is a good option to consider.
With an ex-dividend date of March 16 2023, investors can be sure of receiving a consistent dividend yield of 3.54%. This makes it an attractive choice for those looking for steady returns.
Stock Price
This marked a notable drop from the previous closing price of AU$0.6, as the stock opened at AU$0.6 and closed at AU$0.5, decreasing by 5.3%. This announcement was made in response to the current market situation, and is an effort to ensure consistent returns for shareholders. The company is confident in its ability to maintain a steady dividend rate, and continues to work towards achieving this goal. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Countplus Limited. More…
| Total Revenues | Net Income | Net Margin |
| 80.35 | 1.54 | 3.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Countplus Limited. More…
| Operations | Investing | Financing |
| 5.41 | 1.07 | -11.81 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Countplus Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 439.86 | 352.68 | 0.64 |
Key Ratios Snapshot
Some of the financial key ratios for Countplus Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.0% | 63.2% | 7.4% |
| FCF Margin | ROE | ROA |
| 5.4% | 5.0% | 0.8% |
Analysis
GoodWhale has conducted a comprehensive financial analysis of COUNTPLUS LIMITED‘s financials. The Risk Rating suggests that COUNTPLUS LIMITED is a medium risk investment in terms of financial and business aspects. Our analysis has surfaced two risk warnings within the income sheet and cashflow statement that registered users can access to gain a better understanding of the company’s financial health. We suggest that any potential investors familiarize themselves with this information in order to make an informed investment decision. More…
Peers
Countplus Ltd is one of the leading professional services firms in the industry, and it faces stiff competition from several rivals including Begbies Traynor Group PLC, Ince Group PLC and Kelly Partners Group Holdings Ltd. All four companies are vying for the same customer base and each is striving to provide superior services to stand out from the competition.
– Begbies Traynor Group PLC ($LSE:BEG)
Begbies Traynor Group PLC is a UK-based professional services firm that specializes in business recovery, corporate finance, financial advisory, and litigation support services. As of 2023, the company has a market cap of 197.78M and a Return on Equity of 5.31%. The company has been providing these services to large and small businesses in the UK and other parts of the world. Its market cap indicates the size of the company and the ROE shows how effectively the company is utilizing its resources to generate profits. The company has a strong presence in the UK and across Europe and continues to expand its reach.
– Ince Group PLC ($BER:W1G1)
Ince Group PLC is a multinational professional services firm specialized in business law, litigation, and dispute resolution. With a market cap of 21.56M as of 2023, it is one of the UK’s most successful and respected legal services providers. The company has an impressive Return on Equity (ROE) of 6.16%, indicating that it is able to generate profits from its investments and is an attractive investment opportunity. Ince Group PLC is also dedicated to environmental sustainability and corporate social responsibility, and works to ensure that its operations are as sustainable as possible.
– Kelly Partners Group Holdings Ltd ($ASX:KPG)
Kelly Partners Group Holdings Ltd is a leading provider of integrated professional services, tax and financial advice, and wealth management solutions for businesses and individuals. The company has a market capitalization of 187.65M as of 2023 and a Return on Equity (ROE) of 49.48%. This indicates that the company is generating strong returns on the equity capital it has invested. The strong ROE also suggests that Kelly Partners has been able to efficiently use its shareholders’ funds to generate substantial profits. The company’s high market cap and strong ROE are indicative of the strong confidence investors have in the company’s long-term prospects.
Summary
COUNTPLUS LIMITED is an attractive investment option for those looking to diversify their portfolio with dividend yielding stocks. They have consistently issued a 0.03 AUD dividend per share over the past 3 years and their annual dividend yields from 2022 to 2024 have remained at a steady 3.54%. This dividend yield provides a reliable and consistent return for shareholders.
Furthermore, their strong financials, strong cash flow, and promising growth prospects render them an ideal portfolio component for long-term investors looking for steady returns. For investors searching for a high-dividend yield stock with solid fundamentals and stability, COUNTPLUS LIMITED is an excellent choice.
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