Sylvania Platinum Dividends and Buybacks
Dividend criteria checks 1/6
Sylvania Platinum is a dividend paying company with a current yield of 4.35%. Next payment date is on 6th December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
4.3%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 5.7% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 21.6% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | €0.0237 |
| Payout ratio | 95% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (31L) | 4.3% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (31L) (up to 3 years) | 6.0% |
Notable Dividend: 31L's dividend (4.35%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 31L's dividend (4.35%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.1%), 31L's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 31L is paying a dividend but the company has no free cash flows.