Gen Digital Dividend
Dividend criteria checks 3/6
Gen Digital is a dividend paying company with a current yield of 1.87% that is well covered by earnings.
Key information
1.8%
Dividend yield
52%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.500 |
| Earnings per share | €0.99 |
| Dividend yield forecast | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SYM's dividend payments have been volatile in the past 10 years.
Growing Dividend: SYM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Gen Digital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SYM) | 1.8% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Software) | 1.1% |
| Analyst forecast (SYM) (up to 3 years) | 1.8% |
Notable Dividend: SYM's dividend (1.87%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: SYM's dividend (1.87%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.8%), SYM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.8%), SYM's dividend payments are thoroughly covered by cash flows.