Savaria Dividend
Dividend criteria checks 5/6
Savaria is a dividend paying company with a current yield of 2.6% that is well covered by earnings. Next payment date is on 6th September, 2024 with an ex-dividend date of 30th August, 2024.
Key information
2.6%
Dividend yield
80%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 06 Sep 24 |
| Ex dividend date | 30 Aug 24 |
| Dividend per share | CA$0.520 |
| Earnings per share | CA$0.63 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Aug 27
Savaria (TSE:SIS) Has Affirmed Its Dividend Of CA$0.0433
Jul 25Recent updates
Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Aug 27Savaria (TSE:SIS) Has Affirmed Its Dividend Of CA$0.0433
Jul 25Is It Too Late To Consider Buying Savaria Corporation (TSE:SIS)?
Jul 17Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Apr 25Savaria's (TSE:SIS) Dividend Will Be CA$0.0433
Mar 24We Think That There Are Some Issues For Savaria (TSE:SIS) Beyond Its Promising Earnings
Mar 13Savaria (TSE:SIS) Has Announced A Dividend Of CA$0.0433
Nov 28These 4 Measures Indicate That Savaria (TSE:SIS) Is Using Debt Reasonably Well
Nov 08Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0433
Oct 26Savaria (TSE:SIS) Will Pay A Dividend Of CA$0.0433
Sep 26Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0433
Aug 29Savaria (TSE:SIS) Is Due To Pay A Dividend Of CA$0.0433
May 27Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Mar 28Is Savaria (TSE:SIS) A Risky Investment?
Mar 19Savaria (TSE:SIS) Is Paying Out A Dividend Of CA$0.0433
Oct 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SIS's dividends per share have been stable in the past 10 years.
Growing Dividend: SIS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Savaria Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SIS) | 2.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast in 3 Years (SIS) | 2.6% |
Notable Dividend: SIS's dividend (2.6%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: SIS's dividend (2.6%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), SIS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), SIS's dividend payments are well covered by cash flows.