Scholastic Dividends and Buybacks
Dividend criteria checks 4/6
Scholastic is a dividend paying company with a current yield of 3.14%. Next payment date is on 16th December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
3.1%
Dividend yield
17.0%
Buyback Yield
| Total Shareholder Yield | 20.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 4.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | €0.725 |
| Payout ratio | 97% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SL1's dividends per share have been stable in the past 10 years.
Growing Dividend: SL1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Scholastic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SL1) | 3.1% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Media) | 7.2% |
| Analyst forecast (SL1) (up to 3 years) | 3.1% |
Notable Dividend: SL1's dividend (3.14%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: SL1's dividend (3.14%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.7%), SL1's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26%), SL1's dividend payments are well covered by cash flows.