Syntec Optics Holdings (OPTX) Dividend Coverage Ratio (2023)
Syntec Optics Holdings' (OPTX) quarterly Dividend Coverage Ratio came in at 13.91 in Q2 2023, down 350.09% quarter-over-quarter from 3.09 in Q1 2023.
Analysis
Syntec Optics Holdings (OPTX) Dividend Coverage Ratio (2023) Analysis & Trends
Syntec Optics Holdings (OPTX) has reported Dividend Coverage Ratio for 1 consecutive years, with 13.91 the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Dividend Coverage Ratio changed N/A year-over-year to 13.91; the trailing twelve-month figure through Dec 2023 stood at 10.1 (changed N/A YoY), and the FY2023 full-year result was 31.84, changed N/A from the prior year.
- Dividend Coverage Ratio slipped to 13.91 in Q2 2023 per OPTX's latest filing, from 3.09 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 3.09 in Q1 2023 and bottomed at 13.91 in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 0.79 |
| 2 | Mueller Industries | 13.85 Bn | 12.43 Bn | 395.35 Mn | 6.29 |
| 3 | Arcosa | 7.15 Bn | 6.72 Bn | 155.70 Mn | 131.40 |
| 4 | Azz | 4.14 Bn | 4.14 Bn | 112.17 Mn | 8.70 |
| 5 | Constellium Se | 3.68 Bn | 3.51 Bn | 480.00 Mn | - |
| 6 | Lci Industries | 2.34 Bn | 2.12 Bn | 301.14 Mn | 2.40 |
| 7 | Worthington Steel | 1.70 Bn | 1.62 Bn | 118.80 Mn | -6.75 |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 8.65 |
| 9 | Park Ohio Holdings | 642.60 Mn | 594.30 Mn | 78.90 Mn | 6.61 |
| 10 | Syntec Optics Holdings | 300.21 Mn | 286.16 Mn | 2.14 Mn | - |