Saras Dividends and Buybacks
Dividend criteria checks 3/6
Saras is a dividend paying company with a current yield of 8.48% 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
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -4.6% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | €0.150 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (S7A) | 8.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (S7A) (up to 3 years) | 3.1% |
Notable Dividend: S7A's dividend (8.48%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: S7A's dividend (8.48%) is in the top 25% of dividend payers in the German market (4.67%)
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.