Smartoptics Group is a dividend paying company with a current yield of 2.42% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
2.4%
Dividend yield
64%
Payout ratio
Industry average yield
4.0%
Next dividend pay date
22 May 24
Ex dividend date
10 May 24
Dividend per share
n/a
Earnings per share
€0.077
Dividend yield forecast in 3Y
54.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 3YL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 3YL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Smartoptics Group Dividend Yield vs Market
How does 3YL dividend yield compare to the market?
Segment
Dividend Yield
Company (3YL)
2.4%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Communications)
4.0%
Analyst forecast in 3 Years (3YL)
54.8%
Notable Dividend: 3YL's dividend (2.42%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 3YL's dividend (2.42%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), 3YL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.8%), 3YL's dividend payments are well covered by cash flows.