Zegona Communications Plc (ZEG.XLON) Dividend Analysis
Does Zegona Communications (ZEG.XLON) pay a dividend?
No. Zegona Communications (ZEG.XLON) paid €0.06 per share in fiscal 2020, and no later dividend appears in its filings.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2020 | €0.06 | -36.6% |
| 2019 | €0.09 | -0.9% |
| 2018 | €0.09 |
All 3 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
Dividend is covered by FCF, though with limited buffer, no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (50) × 0.40 + Growth (0) × 0.35 + Income (100) × 0.25 = 45
Dividend Yield
—
Per Share (FY2020)
€0.06
Payout Ratio
—
2Y CAGR
-20.7%
Dividend Safety
Earnings Payout
Not reported
FCF Payout
10.5%
FCF Coverage
9.6x
Dividend Growth
Per Share (FY2020)
€0.06
Growth Streak
—
2Y CAGR
-20.7%
Does Zegona Communications (ZEG.XLON) pay a dividend?
Frequently asked
Does Zegona Communications (ZEG.XLON) pay a dividend?+
No. Zegona Communications (ZEG.XLON) does not currently pay a dividend. The last payment in our data was in 2020, and nothing has been paid since.
How does Zegona Communications return cash to shareholders?+
Through share buybacks rather than dividends. Over the last twelve months Zegona Communications reduced its share count at a rate equivalent to a 6.5% buyback yield. A buyback returns value by shrinking the share count, so each remaining share owns more of the business, but unlike a dividend it pays you nothing in cash and can be stopped at any time without an announcement.
Could Zegona Communications afford to pay a dividend?+
On the numbers, yes. Zegona Communications generated €1.9 billion of free cash flow, which is about €17.85 per share. If it paid out half of that, the dividend would be roughly €8.92 per share, a yield of about 51.1% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which communication companies do pay dividends?+
Our Communication sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Zegona Communications.
Related stocks: Telecom Services
Spot a number that looks wrong?
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.