SOCO Dividend

Dividend criteria checks 2/6

SOCO is a dividend paying company with a current yield of 4.76%.

Key information

4.8%

Dividend yield

183%

Payout ratio

Industry average yield2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareAU$0.0025
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Not Many Are Piling Into SOCO Corporation Ltd (ASX:SOC) Just Yet

Jul 06
Not Many Are Piling Into SOCO Corporation Ltd (ASX:SOC) Just Yet

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether SOC's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if SOC's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

SOCO Dividend Yield vs Market
How does SOC dividend yield compare to the market?
SegmentDividend Yield
Company (SOC)4.8%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.3%
Industry Average (IT)2.1%
Analyst forecast in 3 Years (SOC)n/a

Notable Dividend: SOC's dividend (4.76%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).

High Dividend: SOC's dividend (4.76%) is low compared to the top 25% of dividend payers in the Australian market (6.3%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (183.4%), SOC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), SOC's dividend payments are well covered by cash flows.


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