Climb Global Solutions (CLMB) Dividend Coverage Ratio (2010 - 2024)
Climb Global Solutions' (CLMB) Dividend Coverage Ratio was 3.61 for Q1 2024, down 18.6% from 4.44 a year earlier and down 47.9% from the prior quarter.
Climb Global Solutions (CLMB) Dividend Coverage Ratio (2010 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, Climb Global Solutions' Dividend Coverage Ratio came in at 3.89, down 11.3% year-over-year; for FY2023, it came in at 4.09, down 2.1% from FY2022.
- By year, Dividend Coverage Ratio came in at 4.18 in FY2022 (+36.0%), 3.07 in FY2021 (+105.9%), 1.49 in FY2020 (-32.6%) and 2.21 in FY2019 (+91.8%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 0.71 in Q3 2020 and a high of 6.94 in Q4 2023.
- Year over year, Dividend Coverage Ratio gained in five of the last eight quarters, with growth averaging 6.6%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q3 2021 (growth of 357.3%); the low point was Q2 2020 (a decline of 67.6%).
- Per Business Quant data, the three quarters before Q1 2024 came in at 6.94 (Q4 2023), 3.15 (Q3 2023) and 1.83 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 4.05 |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | - |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 3.44 |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | - |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 4.40 |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 5.73 |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | - |
| 10 | Climb Global Solutions | 608.52 Mn | 423.78 Mn | 30.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 3.61 |
| Dec 31, 2023 | 6.94 |
| Sep 30, 2023 | 3.15 |
| Jun 30, 2023 | 1.83 |
| Mar 31, 2023 | 4.44 |
| Dec 31, 2022 | 6.36 |
| Sep 30, 2022 | 2.99 |
| Jun 30, 2022 | 3.74 |
| Mar 31, 2022 | 3.64 |
| Dec 31, 2021 | 4.61 |
| Sep 30, 2021 | 3.27 |
| Jun 30, 2021 | 2.39 |
| Mar 31, 2021 | 2.03 |
| Dec 31, 2020 | 3.41 |
| Sep 30, 2020 | 0.71 |
| Jun 30, 2020 | 0.79 |
| Mar 31, 2020 | 1.08 |
| Dec 31, 2019 | 2.64 |
| Sep 30, 2019 | 1.88 |
| Jun 30, 2019 | 2.42 |
Climb Global Solutions Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CLMB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "CLMB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=CLMB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();