Silk Logistics Holdings Dividend
Dividend criteria checks 3/6
Silk Logistics Holdings is a dividend paying company with a current yield of 3.67% that is well covered by earnings.
Key information
3.7%
Dividend yield
34%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.17 |
| Dividend yield forecast in 3Y | 6.9% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SLH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SLH's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Silk Logistics Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SLH) | 3.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Logistics) | 3.0% |
| Analyst forecast in 3 Years (SLH) | 6.9% |
Notable Dividend: SLH's dividend (3.67%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: SLH's dividend (3.67%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), SLH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.7%), SLH's dividend payments are thoroughly covered by cash flows.