Southern Dividend
Dividend criteria checks 4/6
Southern is a dividend paying company with a current yield of 3.63% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 17th May, 2024.
Key information
3.6%
Dividend yield
72%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | 06 Jun 24 |
Ex dividend date | 17 May 24 |
Dividend per share | n/a |
Earnings per share | €3.88 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOUT's dividends per share have been stable in the past 10 years.
Growing Dividend: SOUT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Southern Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SOUT) | 3.6% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.8% |
Industry Average (Electric Utilities) | 5.4% |
Analyst forecast in 3 Years (SOUT) | 3.9% |
Notable Dividend: SOUT's dividend (3.63%) is higher than the bottom 25% of dividend payers in the Austrian market (1.91%).
High Dividend: SOUT's dividend (3.63%) is low compared to the top 25% of dividend payers in the Austrian market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.1%), SOUT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SOUT is paying a dividend but the company has no free cash flows.