Snap-on Dividends and Buybacks
Dividend criteria checks 5/6
Snap-on is a dividend paying company with a current yield of 2.08% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
2.1%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 5.8% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | €7.440 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPU's dividends per share have been stable in the past 10 years.
Growing Dividend: SPU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Snap-on Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPU) | 2.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (SPU) (up to 3 years) | 2.6% |
Notable Dividend: SPU's dividend (2.08%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: SPU's dividend (2.08%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), SPU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.4%), SPU's dividend payments are well covered by cash flows.