Gen Digital Dividends and Buybacks
Dividend criteria checks 2/6
Gen Digital is a dividend paying company with a current yield of 1.66% that is well covered by earnings. Next payment date is on 17th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
1.7%
Dividend yield
3.7%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 1.0% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | R$2.880 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S1YM34's dividend payments have been volatile in the past 10 years.
Growing Dividend: S1YM34's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Gen Digital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (S1YM34) | 1.7% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Software) | 0.8% |
| Analyst forecast (S1YM34) (up to 3 years) | 1.7% |
Notable Dividend: S1YM34's dividend (1.66%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: S1YM34's dividend (1.66%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), S1YM34's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.5%), S1YM34's dividend payments are thoroughly covered by cash flows.