Market dataIncome framework read
New Income ListingNasdaqUnited States

ADBE

Adobe

TechnologyNeeds manual reviewUnknown

Market Snapshot

US$196.57

-US$0.86 (-43.56%)

NasdaqGS

Yield

N/A

Rate N/A

Next Payment

Next pay N/A

Ex-date 2005-03-24

52wk Position

3.19%

-49.93% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Editorial framework

Income record needs more seasoning

ADBE has a less proven income record. Treat the stated cadence as a starting point and verify issuer payout policy before relying on it.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

ADBE does not cover one full share per payment at the default 100-share test. Coverage is 0.

3

Main watch item

Editorial framework

Withholding and account placement matter

ADBE is U.S.-listed, so Canadian investors should compare RRSP, TFSA, and non-registered tax treatment before using the provider yield as spendable income.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Distribution history is not available for this holding.

Coverage Ratio Test

DRIP defense check

Failed
Cash
US$0.65
APR
0.003
Coverage
0.003

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
US$0.65
Cushion
-US$195.92
Cushion %
-99.67%
Current US$196.57Break US$0.65

Smart Recommendation

ADBE is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Research in progress

DRIP availability

Not available

Tax character

Unknown

Distribution history

Payout cadence requires issuer verification

Growth-to-Income Holding

This is a growth-focused holding where current yield may not support near-term income goals. Use the Portfolio Conversion Tool to model when this position generates your target monthly income.

Open Portfolio Conversion Tool

Structure Overview

This is a recently listed or newly income-initiating security where the payout history is limited or unproven. New income listings require additional due diligence: the stated distribution policy may not yet be tested through a full economic cycle, and early payout levels may be adjusted once the issuer establishes a sustainable base.

Canadian Planning Notes

  • 1Treat new income listings as research items rather than plan-ready holdings until at least four consecutive distribution periods have been completed.
  • 2Review the prospectus, issuer press releases, and earnings to verify whether the stated payout ratio and distribution policy are supported by current cash flows.
  • 3Use the Dividend Compare Engine to place a new listing beside an established comparable before relying on the distribution in a monthly income plan.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

US$196.57

Previous close

US$197.43

Day range

US$195.10 - US$202.41

52wk range

US$190.12 - US$392.58

Market cap

78.1B

Volume

6.7M

Avg volume

6.1M

Exchange

NasdaqGS

Dividend and distribution

Forward rate

N/A

Trailing rate

N/A

Forward yield

N/A

Trailing yield

0.00%

Per payment

US$0.01

Cadence

Unknown

Next ex-date

Mar 24, 2005

Next pay

N/A

Last dividend

US$0.01

Last dividend date

Mar 24, 2005

Performance

Daily change

-US$0.86

Daily change %

-43.56%

52wk position

3.19%

Below 52wk high

-49.93%

Above 52wk low

3.39%

Open

US$195.89

Earnings and financials

Trailing EPS

17.48

Forward EPS

27.54

Revenue

25.2B

Revenue growth

12.70%

Profit margin

28.69%

Operating margin

35.33%

Payout ratio

N/A

Free cash flow

9.2B

Total cash

5.6B

ROE

62.95%

ROA

19.93%

Debt/equity

61.44

Beta

1.4

Valuation

Trailing P/E

11.25

Forward P/E

7.14

Price/sales

3.1

Price/book

6.81

Enterprise value

79.6B

EV/EBITDA

8.18

Analyst facts

Target mean

US$282.27

Target high

US$460.00

Target low

US$190.00

Recommendation mean

2.63

Recommendation key

hold

Analysts

32

Canadian Context

Account placement

TFSA

Mixed-character distributions are usually easiest to handle in a TFSA because annual tax reporting is avoided.

RRSP: Also shelters distribution complexity.

Non-registered: Review T3 or issuer tax breakdown before using a taxable account.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Plan-only

RBC Direct Investing

Available

TD Direct Investing

Available

U.S.-listed holdings can have withholding tax differences by account type. RRSP treatment is often more favorable than TFSA treatment.

Run Your Numbers

Carry this holding into a calculator

Use a planning tool that matches this holding's structure, payout timing, and income use case.

Compare With Peers

Similar income profiles

Compare in Dividend Compare Engine

Related Holdings

This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.