Smartgroup Corporation Ltd

ASX:SIQ Stock Report

Market Cap: AU$1.1b

Smartgroup Dividend

Dividend criteria checks 2/6

Smartgroup is a dividend paying company with a current yield of 5.81% that is well covered by earnings.

Key information

5.8%

Dividend yield

66%

Payout ratio

Industry average yield3.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareAU$0.48
Dividend yield forecast in 3Y6.7%

Recent dividend updates

Recent updates

Returns At Smartgroup (ASX:SIQ) Appear To Be Weighed Down

May 01
Returns At Smartgroup (ASX:SIQ) Appear To Be Weighed Down

Some Confidence Is Lacking In Smartgroup Corporation Ltd's (ASX:SIQ) P/E

Apr 13
Some Confidence Is Lacking In Smartgroup Corporation Ltd's (ASX:SIQ) P/E

Under The Bonnet, Smartgroup's (ASX:SIQ) Returns Look Impressive

Dec 14
Under The Bonnet, Smartgroup's (ASX:SIQ) Returns Look Impressive

An Intrinsic Calculation For Smartgroup Corporation Ltd (ASX:SIQ) Suggests It's 48% Undervalued

Jun 08
An Intrinsic Calculation For Smartgroup Corporation Ltd (ASX:SIQ) Suggests It's 48% Undervalued

Is Smartgroup Corporation Ltd's (ASX:SIQ) 7.2% Dividend Sustainable?

Apr 12
Is Smartgroup Corporation Ltd's (ASX:SIQ) 7.2% Dividend Sustainable?

Investors Shouldn't Overlook The Favourable Returns On Capital At Smartgroup (ASX:SIQ)

Mar 29
Investors Shouldn't Overlook The Favourable Returns On Capital At Smartgroup (ASX:SIQ)

Have Insiders Been Buying Smartgroup Corporation Ltd (ASX:SIQ) Shares This Year?

Mar 16
Have Insiders Been Buying Smartgroup Corporation Ltd (ASX:SIQ) Shares This Year?

Do These 3 Checks Before Buying Smartgroup Corporation Ltd (ASX:SIQ) For Its Upcoming Dividend

Mar 03
Do These 3 Checks Before Buying Smartgroup Corporation Ltd (ASX:SIQ) For Its Upcoming Dividend

Smartgroup Corporation Ltd's (ASX:SIQ) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Feb 25
Smartgroup Corporation Ltd's (ASX:SIQ) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Should You Investigate Smartgroup Corporation Ltd (ASX:SIQ) At AU$7.68?

Feb 12
Should You Investigate Smartgroup Corporation Ltd (ASX:SIQ) At AU$7.68?

Smartgroup (ASX:SIQ) Has Compensated Shareholders With A Respectable 93% Return On Their Investment

Feb 01
Smartgroup (ASX:SIQ) Has Compensated Shareholders With A Respectable 93% Return On Their Investment

What Percentage Of Smartgroup Corporation Ltd (ASX:SIQ) Shares Do Insiders Own?

Jan 19
What Percentage Of Smartgroup Corporation Ltd (ASX:SIQ) Shares Do Insiders Own?

Should You Buy Smartgroup Corporation Ltd (ASX:SIQ) For Its Dividend?

Jan 05
Should You Buy Smartgroup Corporation Ltd (ASX:SIQ) For Its Dividend?

Are Investors Undervaluing Smartgroup Corporation Ltd (ASX:SIQ) By 43%?

Dec 24
Are Investors Undervaluing Smartgroup Corporation Ltd (ASX:SIQ) By 43%?

Is Smartgroup (ASX:SIQ) Likely To Turn Things Around?

Dec 13
Is Smartgroup (ASX:SIQ) Likely To Turn Things Around?

Need To Know: Smartgroup Corporation Ltd (ASX:SIQ) Insiders Have Been Buying Shares

Dec 01
Need To Know: Smartgroup Corporation Ltd (ASX:SIQ) Insiders Have Been Buying Shares

Do Fundamentals Have Any Role To Play In Driving Smartgroup Corporation Ltd's (ASX:SIQ) Stock Up Recently?

Nov 20
Do Fundamentals Have Any Role To Play In Driving Smartgroup Corporation Ltd's (ASX:SIQ) Stock Up Recently?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SIQ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SIQ's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Smartgroup Dividend Yield vs Market
How does SIQ dividend yield compare to the market?
SegmentDividend Yield
Company (SIQ)5.8%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.2%
Industry Average (Professional Services)3.7%
Analyst forecast in 3 Years (SIQ)6.7%

Notable Dividend: SIQ's dividend (5.81%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: SIQ's dividend (5.81%) is low compared to the top 25% of dividend payers in the Australian market (6.2%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66%), SIQ's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (106.8%), SIQ's dividend payments are not well covered by cash flows.


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