Smiths News Dividends and Buybacks
Dividend criteria checks 4/6
Smiths News is a dividend paying company with a current yield of 8.37% that is well covered by earnings. Next payment date is on 6th February, 2025 with an ex-dividend date of 9th January, 2025.
Key information
8.4%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 10.6% |
| Future Dividend Yield | 8.6% |
| Dividend Growth | 2.5% |
| Next dividend pay date | 06 Feb 25 |
| Ex dividend date | 09 Jan 25 |
| Dividend per share | €0.0515 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: T6N's dividend payments have been volatile in the past 10 years.
Growing Dividend: T6N's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Smiths News Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (T6N) | 8.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Retail Distributors) | 2.6% |
| Analyst forecast (T6N) (up to 3 years) | 8.6% |
Notable Dividend: T6N's dividend (8.37%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: T6N's dividend (8.37%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.5%), T6N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), T6N's dividend payments are covered by cash flows.