Spheria Emerging Companies Dividend
Dividend criteria checks 2/6
Spheria Emerging Companies is a dividend paying company with a current yield of 5.22%. Next payment date is on 12th November, 2024 with an ex-dividend date of 22nd October, 2024.
Key information
5.2%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.7% |
| Next dividend pay date | 12 Nov 24 |
| Ex dividend date | 22 Oct 24 |
| Dividend per share | AU$0.120 |
| Payout ratio | 95% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SEC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Spheria Emerging Companies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SEC) | 5.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Capital Markets) | 3.1% |
| Analyst forecast (SEC) (up to 3 years) | n/a |
Notable Dividend: SEC's dividend (5.22%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: SEC's dividend (5.22%) is low compared to the top 25% of dividend payers in the Australian market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.6%), SEC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.4%), SEC's dividend payments are covered by cash flows.