Caesarstone Ltd. - Ordinary Shares (CSTE) Dividends
Dividend Yield and Dividend History Highlights
- CSTE reports a compound annual dividend growth rate of -0.23% over the past 5.5 years.
- Free cash flow for CSTE has a compound average growth rate of -172.6%, which is higher than 5.29% of stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with CSTE's price: MOMO, CMS, MEOH, ED and HCC.
CSTE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $3.83 | $8.51 | -24.01% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of CSTE, the DDM model, as implemented by StockNews, implies a negative return of 24.01% relative to its current price. To help understand and contextualize the model's evaluation of CSTE, investors may wish to consider are:
- As for its position relative to other Basic Materials stocks that issue dividends, Caesarstone Ltd offers a higher dividend yield than 78.52% of them.
- CSTE's annual revenue of 644 million US dollars puts it in the small-sized revenue class; relative to suck stocks, its discount rate is lower than that of 76.61% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, Caesarstone Ltd has been increasing its dividends at a faster rate than only 17.53% of US-listed dividend-issuing stocks we observed.
CSTE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2022-08-16 | Dividend | $0.20 | +148.75% |
| 2021-11-16 | Dividend | $0.08 | -61.90% |
| 2021-05-17 | Dividend | $0.21 | +87.50% |
| 2020-11-17 | Dividend | $0.11 | -6.67% |
| 2019-11-19 | Dividend | $0.12 | -20.00% |
| 2018-11-20 | Dividend | $0.15 | -- |
| 2018-08-21 | Dividend | $0.15 | -73.68% |
| 2014-11-24 | Dividend | $0.57 | -1.72% |
| 2013-11-25 | Dividend | $0.58 | -- |
CSTE Dividends vs. Peers
CSTE's dividend yield currently ranks #23 of 69 vs. its peers in the Industrial - Building Materials category.