Summerset Group Holdings Dividend
Dividend criteria checks 3/6
Summerset Group Holdings is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
14%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.245 |
| Earnings per share | AU$1.72 |
| Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SNZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: SNZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Summerset Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SNZ) | 2.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Healthcare) | 2.9% |
| Analyst forecast (SNZ) (up to 3 years) | 2.3% |
Notable Dividend: SNZ's dividend (2.18%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.66%).
High Dividend: SNZ's dividend (2.18%) is low compared to the top 25% of dividend payers in the Australian market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.1%), SNZ's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.9%), SNZ's dividend payments are well covered by cash flows.