Superior Plus Dividend
Dividend criteria checks 5/6
Superior Plus is a dividend paying company with a current yield of 7.6%.
Key information
7.6%
Dividend yield
320%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.21 |
| Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues
Jan 16
Is 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 11Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06
Jun 14Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06
May 24Industry Analysts Just Upgraded Their Superior Plus Corp. (TSE:SPB) Revenue Forecasts By 15%
May 12Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06
May 10Superior Plus (TSE:SPB) Has Re-Affirmed Its Dividend Of CA$0.06
Apr 14Superior Plus (TSE:SPB) Has Re-Affirmed Its Dividend Of CA$0.06
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPB's dividends per share have been stable in the past 10 years.
Growing Dividend: SPB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Superior Plus Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPB) | 7.6% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Gas Utilities) | 4.0% |
| Analyst forecast in 3 Years (SPB) | 7.6% |
Notable Dividend: SPB's dividend (7.6%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: SPB's dividend (7.6%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (319.5%), SPB's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.2%), SPB's dividend payments are covered by cash flows.