SSC Security Services Corp.

TSXV:SECU Stock Report

Market Cap: CA$50.2m

SSC Security Services Dividend

Dividend criteria checks 1/6

SSC Security Services is a dividend paying company with a current yield of 4.4%. Next payment date is on 15th July, 2024 with an ex-dividend date of 28th June, 2024.

Key information

4.4%

Dividend yield

201%

Payout ratio

Industry average yield0.9%
Next dividend pay date15 Jul 24
Ex dividend date28 Jun 24
Dividend per sharen/a
Earnings per shareCA$0.03
Dividend yield forecast in 3Yn/a

Recent dividend updates

SSC Security Services (CVE:SECU) Will Pay A Dividend Of CA$0.03

May 24
SSC Security Services (CVE:SECU) Will Pay A Dividend Of CA$0.03

SSC Security Services (CVE:SECU) Is Due To Pay A Dividend Of CA$0.03

Mar 07
SSC Security Services (CVE:SECU) Is Due To Pay A Dividend Of CA$0.03

Recent updates

SSC Security Services (CVE:SECU) Will Pay A Dividend Of CA$0.03

May 24
SSC Security Services (CVE:SECU) Will Pay A Dividend Of CA$0.03

SSC Security Services (CVE:SECU) Is Due To Pay A Dividend Of CA$0.03

Mar 07
SSC Security Services (CVE:SECU) Is Due To Pay A Dividend Of CA$0.03

SSC Security Services (CVE:SECU) Has Announced A Dividend Of CA$0.03

Aug 19
SSC Security Services (CVE:SECU) Has Announced A Dividend Of CA$0.03

SSC Security Services (CVE:SECU) Has Affirmed Its Dividend Of CA$0.03

May 23
SSC Security Services (CVE:SECU) Has Affirmed Its Dividend Of CA$0.03

SSC Security Services Corp.'s (CVE:SECU) CEO Looks Like They Deserve Their Pay Packet

Feb 10
SSC Security Services Corp.'s (CVE:SECU) CEO Looks Like They Deserve Their Pay Packet

SSC Security Services (CVE:SECU) Will Pay A Dividend Of CA$0.03

Dec 23
SSC Security Services (CVE:SECU) Will Pay A Dividend Of CA$0.03

Upcoming Dividend Payment

TodayMay 31 2024Ex Dividend DateJun 28 2024Dividend Pay DateJul 15 202417 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, SECU has been paying a dividend for less than 10 years.

Growing Dividend: SECU has only been paying a dividend for 7 years, and since then payments have not increased.


Dividend Yield vs Market

SSC Security Services Dividend Yield vs Market
How does SECU dividend yield compare to the market?
SegmentDividend Yield
Company (SECU)4.4%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.5%
Industry Average (Commercial Services)0.9%
Analyst forecast in 3 Years (SECU)n/a

Notable Dividend: SECU's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).

High Dividend: SECU's dividend (4.4%) is low compared to the top 25% of dividend payers in the Canadian market (6.46%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (200.7%), SECU's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (318.4%), SECU's dividend payments are not well covered by cash flows.


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