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Stock impact report

AXIS Capital Holdings (NYSE:AXS) Will Pay A Dividend Of $0.44 [Yahoo! Finance]

Axis Capital Holdings Limited (AXS) 
Last axis capital holdings limited earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: axiscapital.com
Company Research Source: Yahoo! Finance
This means that the annual payment will be 1.8% of the current stock price, which is in line with the average for the industry. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. AXIS Capital Holdings' Payment Could Potentially Have Solid Earnings Coverage Solid dividend yields are great, but they only really help us if the payment is sustainable. Prior to this announcement, AXIS Capital Holdings' earnings easily covered the dividend, but free cash flows were negative. We think that cash flows should take priority over earnings, so this is definitely a worry for the dividend going forward. The next year is set to see EPS grow by 32.7%. Assuming the dividend continues along recent trends, we think the payout ratio could be 12% by next year, which is in a pretty sustainable range. NYSE:AXS Historic Dividend September 21 Show less Read more
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