Superior Plus Dividends and Buybacks
Dividend criteria checks 2/6
Superior Plus is a dividend paying company with a current yield of 11.22%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
11.2%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 11.2% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 2.7% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.720 |
| Payout ratio | 814% |
Recent dividend and buyback updates
Recent updates
Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues
Nov 08
Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of $0.18
Aug 19Is It Too Late To Consider Buying Superior Plus Corp. (TSE:SPB)?
Jul 25Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues
Jan 16Is Superior Plus (TSE:SPB) Using Too Much Debt?
Dec 25Are Investors Undervaluing Superior Plus Corp. (TSE:SPB) By 43%?
Aug 04Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet
Jun 22Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06
Mar 14Superior Plus (TSE:SPB) Is Paying Out A Dividend Of CA$0.06
Feb 13Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06
Jan 20Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06
Dec 26Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06
Dec 11Superior Plus (TSE:SPB) Is Due To Pay A Dividend Of CA$0.06
Oct 25Superior Plus (TSE:SPB) Has Announced A Dividend Of CA$0.06
Oct 11We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt
Sep 27Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06
Aug 14Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06
Jul 25Superior Plus (TSE:SPB) Has Re-Affirmed Its Dividend Of CA$0.06
Jul 11Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPB's dividend payments have been volatile in the past 10 years.
Growing Dividend: SPB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Superior Plus Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPB) | 11.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Gas Utilities) | 3.5% |
| Analyst forecast (SPB) (up to 3 years) | 3.1% |
Notable Dividend: SPB's dividend (11.22%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: SPB's dividend (11.22%) is in the top 25% of dividend payers in the Canadian market (6.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (814.1%), SPB's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (138.3%), SPB's dividend payments are not well covered by cash flows.