Saras is a dividend paying company with a current yield of 8.45% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
8.5%
Dividend yield
45%
Payout ratio
Industry average yield
3.2%
Next dividend pay date
22 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€0.33
Dividend yield forecast in 3Y
3.1%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S7A has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: S7A has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Saras Dividend Yield vs Market
How does S7A dividend yield compare to the market?
Segment
Dividend Yield
Company (S7A)
8.5%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.8%
Industry Average (Oil and Gas)
3.2%
Analyst forecast in 3 Years (S7A)
3.1%
Notable Dividend: S7A's dividend (8.45%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: S7A's dividend (8.45%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), S7A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.6%), S7A's dividend payments are not well covered by cash flows.