Sylvania Platinum is a dividend paying company with a current yield of 8.69%. Next payment date is on 7th June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
8.7%
Dividend yield
131%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
07 Jun 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
€0.06
Dividend yield forecast in 3Y
6.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 31L has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 31L's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Sylvania Platinum Dividend Yield vs Market
How does 31L dividend yield compare to the market?
Segment
Dividend Yield
Company (31L)
8.7%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Metals and Mining)
3.8%
Analyst forecast in 3 Years (31L)
6.4%
Notable Dividend: 31L's dividend (8.69%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 31L's dividend (8.69%) is in the top 25% of dividend payers in the German market (4.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.2%), 31L's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (110.6%), 31L's dividend payments are not well covered by cash flows.