Spheria Emerging Companies Dividend
Dividend criteria checks 3/6
Spheria Emerging Companies is a dividend paying company with a current yield of 4.33% that is well covered by earnings.
Key information
4.3%
Dividend yield
46%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.23 |
| Dividend yield forecast in 3Y | n/a |
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) | 4.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Capital Markets) | 3.9% |
| Analyst forecast in 3 Years (SEC) | n/a |
Notable Dividend: SEC's dividend (4.33%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: SEC's dividend (4.33%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), SEC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.7%), SEC's dividend payments are covered by cash flows.