Spinneys 1961 Holding Dividends and Buybacks
Dividend criteria checks 3/6
Spinneys 1961 Holding is a dividend paying company with a current yield of 3.7% that is well covered by earnings.
Key information
3.7%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.إ0.057 |
| Payout ratio | 12% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SPINNEYS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SPINNEYS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Spinneys 1961 Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPINNEYS) | 3.7% |
| Market Bottom 25% (AE) | 3.4% |
| Market Top 25% (AE) | 6.1% |
| Industry Average (Consumer Retailing) | 2.2% |
| Analyst forecast (SPINNEYS) (up to 3 years) | 4.7% |
Notable Dividend: SPINNEYS's dividend (3.7%) is higher than the bottom 25% of dividend payers in the AE market (3.3%).
High Dividend: SPINNEYS's dividend (3.7%) is low compared to the top 25% of dividend payers in the AE market (6.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), SPINNEYS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), SPINNEYS's dividend payments are well covered by cash flows.