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Jul 21, 2023
Compass Diversified ($CODI) Set to Pay Dividends on July 27, 2023 - A Detailed Look

Compass Diversified ($CODI) Set to Pay Dividends on July 27, 2023 - A Detailed Look

Compass Diversified (CODI), a well-known public company with a portfolio of niche market businesses, is once again set to reward its shareholders by declaring a dividend. As a critical aspect of the investment realm, dividends provide insight into a company's financial health and profitability, and for CODI, this news marks a continued commitment to returning value to its shareholders.

The company has announced that a dividend of $0.25 per share will be paid on July 27, 2023. The declared dividend is consistent with the last dividend payment of $0.25 per share, which was distributed on April 27, 2023. This continuity in CODI's dividend distribution points towards stable earnings, a crucial aspect that investors often look for while considering investing in a company.

Understanding the terminology around dividend payment is key. The 'record date', set for July 27, 2023, is the cutoff date established by the company in order to determine which shareholders are eligible to receive a dividend or distribution. The 'ex-dividend' date, marked for July 19, 2023, is the day on which shares bought and sold no longer come attached with the right to receive the most recently declared dividend. This is usually set several business days before the record date.

In simple terms, if a stock is purchased on its ex-dividend date or after, the next dividend payment will not be received by the buyer. Instead, the dividend is repossessed by the seller. Only those who purchase the stocks before the ex-dividend date are entitled to receive the dividends.

Thus, potential investors who are interested in receiving this dividend need to invest in CODI before the ex-dividend date of July 19, 2023.

The upcoming dividend payment speaks positively of Compass Diversified's financial situation. Retaining a stable dividend payout, as CODI has done, often signifies that a company's management believes the growth trend will continue. This shows investors that the firm has a stable financial outlook, which can instill confidence in both current shareholders and potential investors.

Compass Diversified's upcoming dividend payment re-emphasizes its commitment to rewarding shareholders and signifies a healthy financial status, making it an intriguing prospect for dividend investors. As always, investors are advised to conduct their own comprehensive analysis or consult with a financial advisor before making investment decisions.

Related Ticker: CODI

CODI's RSI Oscillator leaves overbought zone

The 10-day RSI Indicator for CODI moved out of overbought territory on August 17, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 31 instances where the indicator moved out of the overbought zone. In of the 31 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where CODI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CODI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CODI broke above its upper Bollinger Band on August 11, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on August 03, 2026. You may want to consider a long position or call options on CODI as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

CODI moved above its 50-day moving average on August 03, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CODI crossed bullishly above the 50-day moving average on August 07, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CODI advanced for three days, in of 274 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 219 cases where CODI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CODI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.484) is normal, around the industry mean (6.592). P/E Ratio (0.000) is within average values for comparable stocks, (66.283). CODI's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.531). Dividend Yield (0.022) settles around the average of (0.031) among similar stocks. P/S Ratio (0.490) is also within normal values, averaging (2.455).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CODI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock worse than average.

Notable companies

The most notable companies in this group are 3M Company (NYSE:MMM), Honeywell International (NASDAQ:HON).

Industry description

Industrial Conglomerates specialize in numerous types of products, most of which comprise industrial goods, while some also go towards meeting household needs. Honeywell (makes engineering services and aerospace systems), United Technologies Corporation(manufactures aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building systems, and industrial products, among others), 3M (over 60,000 products under several world-renowned brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical & electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films).

Market Cap

The average market capitalization across the Industrial Conglomerates Industry is 7.2B. The market cap for tickers in the group ranges from 124.33K to 139.63B. HTHIY holds the highest valuation in this group at 139.63B. The lowest valued company is FSTF at 124.33K.

High and low price notable news

The average weekly price growth across all stocks in the Industrial Conglomerates Industry was -3%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was 10%. RCMT experienced the highest price growth at 17%, while PLAG experienced the biggest fall at -24%.

Volume

The average weekly volume growth across all stocks in the Industrial Conglomerates Industry was 23%. For the same stocks of the Industry, the average monthly volume growth was 35% and the average quarterly volume growth was 356%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 44
P/E Growth Rating: 56
Price Growth Rating: 55
SMR Rating: 72
Profit Risk Rating: 79
Seasonality Score: -24 (-100 ... +100)
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a private equity fund

Industry IndustrialConglomerates

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Investment Managers
Address
301 Riverside Avenue
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+1 203 221-1703
Employees
1947
Web
https://compassdiversified.com
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Compass Diversified ($CODI) Set to Pay Dividends on July 27, 2023 - A Detailed Look