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.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CODI declined for three days, in of 321 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CODI entered a downward trend on September 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CODI's RSI Oscillator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 17 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CODI advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
CODI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CODI’s price grows at a lower 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 (1.539) is normal, around the industry mean (2.351). P/E Ratio (0.000) is within average values for comparable stocks, (21.627). Projected Growth (PEG Ratio) (2.647) is also within normal values, averaging (1.471). Dividend Yield (0.054) settles around the average of (0.068) among similar stocks. P/S Ratio (0.583) is also within normal values, averaging (182.457).
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 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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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A.I.dvisor indicates that over the last year, CODI has been loosely correlated with HON. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if CODI jumps, then HON could also see price increases.