Salamis Tours (Holdings) Dividend
Dividend criteria checks 3/6
Salamis Tours (Holdings) is a dividend paying company with a current yield of 3.33% that is well covered by earnings. Next payment date is on 1st August, 2024 with an ex-dividend date of 11th July, 2024.
Key information
3.3%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 01 Aug 24 |
| Ex dividend date | 11 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €0.34 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Salamis Tours (Holdings) (CSE:SAL) Is Increasing Its Dividend To €0.12
Jun 30
Salamis Tours (Holdings) (CSE:SAL) Is Increasing Its Dividend To €0.10
Jun 25Recent updates
Salamis Tours (Holdings) (CSE:SAL) Is Increasing Its Dividend To €0.12
Jun 30We Think That There Are More Issues For Salamis Tours (Holdings) (CSE:SAL) Than Just Sluggish Earnings
May 07Salamis Tours (Holdings) (CSE:SAL) Is Increasing Its Dividend To €0.10
Jun 25Salamis Tours (Holdings) (CSE:SAL) Shareholders Will Want The ROCE Trajectory To Continue
Apr 21Here's Why We Think Salamis Tours (Holdings) (CSE:SAL) Is Well Worth Watching
May 21There Are Reasons To Feel Uneasy About Salamis Tours (Holdings)'s (CSE:SAL) Returns On Capital
Feb 05Returns At Salamis Tours (Holdings) (CSE:SAL) Appear To Be Weighed Down
Apr 19Is Salamis Tours (Holdings) Public Limited's (CSE:SAL) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 11Has Salamis Tours (Holdings) (CSE:SAL) Got What It Takes To Become A Multi-Bagger?
Jan 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SAL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SAL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Salamis Tours (Holdings) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SAL) | 3.3% |
| Market Bottom 25% (CY) | 3.1% |
| Market Top 25% (CY) | 6.4% |
| Industry Average (Hospitality) | 1.8% |
| Analyst forecast in 3 Years (SAL) | n/a |
Notable Dividend: SAL's dividend (3.33%) is higher than the bottom 25% of dividend payers in the CY market (3.09%).
High Dividend: SAL's dividend (3.33%) is low compared to the top 25% of dividend payers in the CY market (6.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), SAL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), SAL's dividend payments are covered by cash flows.