Spirax Group Dividend
Dividend criteria checks 5/6
Spirax Group is a dividend paying company with a current yield of 2.48% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 17th October, 2024.
Key information
2.5%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -1.9% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 17 Oct 24 |
| Dividend per share | UK£1.615 |
| Payout ratio | 62% |
Recent dividend updates
Spirax Group's (LON:SPX) Dividend Will Be £0.475
Oct 07
Spirax Group (LON:SPX) Will Pay A Dividend Of £0.475
Aug 19Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £1.14
Apr 05Recent updates
Spirax Group's (LON:SPX) Dividend Will Be £0.475
Oct 07Calculating The Fair Value Of Spirax Group plc (LON:SPX)
Sep 24Unpleasant Surprises Could Be In Store For Spirax Group plc's (LON:SPX) Shares
Sep 06Spirax Group (LON:SPX) Will Pay A Dividend Of £0.475
Aug 19Returns On Capital At Spirax Group (LON:SPX) Paint A Concerning Picture
Jul 05Estimating The Fair Value Of Spirax Group plc (LON:SPX)
Jun 14Spirax-Sarco Engineering plc's (LON:SPX) Shareholders Might Be Looking For Exit
May 09Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £1.14
Apr 05Does Spirax-Sarco Engineering (LON:SPX) Have A Healthy Balance Sheet?
Mar 28Spirax-Sarco Engineering plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 10There Are Reasons To Feel Uneasy About Spirax-Sarco Engineering's (LON:SPX) Returns On Capital
Mar 08Pinning Down Spirax-Sarco Engineering plc's (LON:SPX) P/E Is Difficult Right Now
Dec 21Returns At Spirax-Sarco Engineering (LON:SPX) Appear To Be Weighed Down
Nov 30Estimating The Fair Value Of Spirax-Sarco Engineering plc (LON:SPX)
Nov 11Spirax-Sarco Engineering (LON:SPX) Has A Pretty Healthy Balance Sheet
Sep 17Spirax-Sarco Engineering's (LON:SPX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 30Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.46
Aug 16Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Have Stalled
Jun 08Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Apr 05Investors Can Find Comfort In Spirax-Sarco Engineering's (LON:SPX) Earnings Quality
Mar 17Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £1.1
Mar 12Shareholders Are Optimistic That Spirax-Sarco Engineering (LON:SPX) Will Multiply In Value
Mar 08Investors Shouldn't Overlook The Favourable Returns On Capital At Spirax-Sarco Engineering (LON:SPX)
Nov 30Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Nov 13Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £0.425
Oct 02Is Spirax-Sarco Engineering plc (LON:SPX) Worth UK£111 Based On Its Intrinsic Value?
Sep 13Spirax-Sarco Engineering (LON:SPX) Knows How To Allocate Capital
Aug 29Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.425
Aug 14Is Spirax-Sarco Engineering (LON:SPX) A Risky Investment?
Jun 25Is Spirax-Sarco Engineering plc (LON:SPX) Worth UK£103 Based On Its Intrinsic Value?
May 25Spirax-Sarco Engineering (LON:SPX) Is Reinvesting To Multiply In Value
May 10Many Would Be Envious Of Spirax-Sarco Engineering's (LON:SPX) Excellent Returns On Capital
Jan 07Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Dec 12A Look Into Spirax-Sarco Engineering's (LON:SPX) Impressive Returns On Capital
Sep 24Is Spirax-Sarco Engineering (LON:SPX) A Risky Investment?
Sep 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPX's dividends per share have been stable in the past 10 years.
Growing Dividend: SPX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spirax Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPX) | 2.5% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Machinery) | 2.5% |
| Analyst forecast (SPX) (up to 3 years) | 2.9% |
Notable Dividend: SPX's dividend (2.48%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).
High Dividend: SPX's dividend (2.48%) is low compared to the top 25% of dividend payers in the UK market (5.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.9%), SPX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.4%), SPX's dividend payments are covered by cash flows.