Central Securities Corp.

Central Securities Corp.

CETยทNYSE

$52.13

+0.71%
Financial ServicesAsset Management

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$1.51B
EPS10.1400
P/E Ratio5.14
Earnings Date02/10/2026
0.52%
Dividend Yield
-79%
3Y-19.0%
5Y-
10Y-
6.92%
Dividend Payout Ratio
-76%
3Y+139.0%
5Y-
10Y-
3Y+42.0%
5Y+48.0%
10Y-62.0%
Central Securities Corp.

Central Securities Corp. Dividend History

CET ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

CET Dividend Payment History

CET ยท NYSE

Total Payments

50

Latest Dividend

$2.4500

Annual Amount

$4.7500

Frequency

Semi-Annual

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Nov 4, 2025
Nov 14, 2025Dec 19, 2025
$2.4500
$2.4500
Semi-Annual+880.00%
N/A
Jun 17, 2025Jun 27, 2025
$0.2500
$0.2500
Semi-Annual-87.80%
Nov 5, 2024
Nov 15, 2024Dec 20, 2024
$2.0500
$2.0500
Semi-Annual+925.00%
May 22, 2024
Jun 14, 2024Jun 26, 2024
$0.2000
$0.2000
Semi-Annual-87.88%
Nov 3, 2023
Nov 13, 2023Dec 21, 2023
$1.6500
$1.6500
Semi-Annual+725.00%
May 24, 2023
Jun 12, 2023Jun 27, 2023
$0.2000
$0.2000
Semi-Annual-91.11%
Nov 3, 2022
Nov 14, 2022Dec 22, 2022
$2.2500
$2.2500
Semi-Annual+1025.00%
May 25, 2022
Jun 13, 2022Jun 24, 2022
$0.2000
$0.2000
Semi-Annual-94.37%
Nov 3, 2021
Nov 15, 2021Dec 22, 2021
$3.5500
$3.5500
Semi-Annual+1675.00%
May 19, 2021
Jun 14, 2021Jun 25, 2021
$0.2000
$0.2000
Semi-Annual-69.23%
Nov 4, 2020
Nov 16, 2020Dec 22, 2020
$0.6500
$0.6500
Semi-Annual+225.00%
May 20, 2020
Jun 15, 2020Jun 26, 2020
$0.2000
$0.2000
Semi-Annual-45.95%
Nov 5, 2019
Nov 18, 2019Dec 23, 2019
$0.3700
$0.3700
Semi-Annual+85.00%
May 22, 2019
Jun 10, 2019Jun 25, 2019
$0.2000
$0.2000
Semi-Annual-83.33%
Nov 2, 2018
Nov 13, 2018Dec 20, 2018
$1.2000
$1.2000
Semi-Annual+380.00%
May 23, 2018
Jun 11, 2018Jun 26, 2018
$0.2500
$0.2500
Semi-Annual-68.75%
Nov 3, 2017
Nov 13, 2017Dec 21, 2017
$0.8000
$0.8000
Semi-Annual+300.00%
May 25, 2017
Jun 13, 2017Jun 27, 2017
$0.1700
$0.2000
Semi-Annual-74.36%
Nov 3, 2016
Nov 14, 2016Dec 21, 2016
$0.7800
$0.7800
Semi-Annual+290.00%
May 25, 2016
Jun 14, 2016Jun 28, 2016
$0.2000
$0.2000
Semi-Annual+122.22%
Nov 4, 2015
Nov 17, 2015Dec 22, 2015
$0.0900
$0.0900
Semi-Annual-55.00%
May 20, 2015
Jun 9, 2015Jun 23, 2015
$0.1700
$0.2000
Semi-Annual-87.10%
Nov 5, 2014
Nov 18, 2014Dec 22, 2014
$1.5500
$1.5500
Semi-Annual+675.00%
May 21, 2014
Jun 10, 2014Jun 24, 2014
$0.2000
$0.2000
Quarterly-94.29%
Nov 5, 2013
Nov 19, 2013Dec 26, 2013
$3.5000
$3.5000
Quarterly+1650.00%
May 22, 2013
Jun 11, 2013Jun 25, 2013
$0.2000
$0.2000
Quarterly0.00%
Dec 17, 2012
Dec 28, 2012Jan 16, 2013
$0.2000
$0.2000
Quarterly-62.96%
Nov 5, 2012
Nov 15, 2012Dec 21, 2012
$0.5400
$0.5400
Semi-Annual+170.00%
May 23, 2012
Jun 12, 2012Jun 26, 2012
$0.2000
$0.2000
Semi-Annual-75.00%
Nov 3, 2011
Nov 14, 2011Dec 21, 2011
$0.8000
$0.8000
Semi-Annual+300.00%
May 25, 2011
Jun 10, 2011Jun 28, 2011
$0.2000
$0.2000
Semi-Annual-71.43%
Nov 2, 2010
Nov 12, 2010Dec 22, 2010
$0.7000
$0.7000
Semi-Annual+250.00%
Jun 16, 2010
Jun 25, 2010Jul 12, 2010
$0.2000
$0.2000
Quarterly-63.64%
Nov 3, 2009
Nov 13, 2009Dec 23, 2009
$0.5500
$0.5500
Quarterly+450.00%
May 20, 2009
Jun 5, 2009Jun 19, 2009
$0.0870
$0.1000
Quarterly-28.57%
Dec 17, 2008
Dec 30, 2008Jan 13, 2009
$0.1400
$0.1400
Quarterly-93.40%
Nov 5, 2008
Nov 14, 2008Dec 23, 2008
$2.0500
$2.1200
Semi-Annual+960.00%
May 15, 2008
Jun 6, 2008Jun 20, 2008
$0.2000
$0.2000
Semi-Annual-90.91%
Nov 7, 2007
Nov 16, 2007Dec 27, 2007
$2.2000
$2.2000
Semi-Annual+1000.00%
May 16, 2007
Jun 8, 2007Jun 22, 2007
$0.2000
$0.2000
Semi-Annual-90.10%
Nov 8, 2006
Nov 17, 2006Dec 27, 2006
$2.0200
$2.0200
Semi-Annual+910.00%
May 16, 2006
Jun 6, 2006Jun 23, 2006
$0.2000
$0.2000
Semi-Annual-88.89%
Nov 4, 2005
Nov 14, 2005Dec 27, 2005
$1.5500
$1.8000
Semi-Annual+5900.00%
May 18, 2005
Jun 7, 2005Jun 24, 2005
$0.0300
$0.0300
Semi-Annual-97.44%
Nov 4, 2004
Nov 12, 2004Dec 27, 2004
$1.1700
$1.1700
Semi-Annual+680.00%
May 19, 2004
Jun 8, 2004Jun 25, 2004
$0.1500
$0.1500
Semi-Annual-88.28%
Nov 5, 2003
Nov 14, 2003Dec 29, 2003
$1.1800
$1.2800
Semi-Annual+966.67%
May 14, 2003
May 30, 2003Jun 20, 2003
$0.1200
$0.1200
Semi-Annual-89.57%
Nov 5, 2002
Nov 15, 2002Dec 26, 2002
$1.1500
$1.1500
Quarterly+1050.00%
May 15, 2002
May 31, 2002Jun 21, 2002
$0.1000
$0.1000
Quarterly-
cet

Central Securities Corp. Payout Ratio Analysis

CET ยท NYSE
Dividends Paid
-37.90M
2024
Net Income
287.97M
2024
Payout Ratio
13.16%
2024

Dividend Sustainability Analysis

Payout Ratio
13.16%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
101.7%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-23.2%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.