ADTRAN Holdings (ADTN) Dividend Coverage Ratio (2009 - 2023)
ADTRAN Holdings' (ADTN) quarterly Dividend Coverage Ratio came in at 1.8 in Q3 2023, up 35.62% year-over-year from 1.33 in Q3 2022, and down 183.28% quarter-over-quarter from 2.16 in Q2 2023.
Analysis
ADTRAN Holdings (ADTN) Dividend Coverage Ratio (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has reported Dividend Coverage Ratio for 15 consecutive years, with 1.8 the latest figure, recorded in Q3 2023.
- On a quarterly basis, Dividend Coverage Ratio rose 35.62% year-over-year to 1.8 in Q3 2023; TTM through Dec 2023 was 12.33, a 20728.86% decrease from a year earlier, with the FY2023 full-year figure at 12.33, down 3075.41% from the prior year.
- Dividend Coverage Ratio was 1.8 for Q3 2023 at ADTRAN Holdings, down from 2.16 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 2.85 in Q1 2023 and troughed at 10.72 in Q3 2019.
- A 5-year average of 0.51 and a median of 0.18 in 2019 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio sank 1386.6% in 2020 and surged 2278.01% in 2023, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 3.87 in 2019, then jumped by 97.19% to 0.11 in 2020, then surged by 811.71% to 0.78 in 2021, then jumped by 184.9% to 2.21 in 2022, then tumbled by 181.61% to 1.8 in 2023.
- The last three Dividend Coverage Ratio figures came in at 1.8 (Q3 2023), 2.16 (Q2 2023), and 2.85 (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 2.33 |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | - |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 5.88 |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | -0.80 |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | - |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 111.06 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | - |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | - |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | - |
| 10 | ADTRAN Holdings | 576.48 Mn | 856.41 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -1.80 |
| Jun 30, 2023 | 2.16 |
| Mar 31, 2023 | 2.85 |
| Dec 31, 2022 | 2.21 |
| Sep 30, 2022 | -2.80 |
| Jun 30, 2022 | 0.48 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.78 |
| Sep 30, 2021 | -0.59 |
| Jun 30, 2021 | 1.16 |
| Mar 31, 2021 | 0.21 |
| Dec 31, 2020 | -0.11 |
| Sep 30, 2020 | 1.27 |
| Jun 30, 2020 | 0.17 |
| Mar 31, 2020 | -2.30 |
| Dec 31, 2019 | -3.87 |
| Sep 30, 2019 | -10.72 |
| Jun 30, 2019 | 0.93 |
| Mar 31, 2019 | 0.18 |
| Dec 31, 2018 | -11.47 |