Smartoptics Group Dividends and Buybacks
Dividend criteria checks 2/6
Smartoptics Group is a dividend paying company with a current yield of 2.77%.
Key information
2.8%
Dividend yield
-1.3%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.500 |
| Payout ratio | 124% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3YL) | 2.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Communications) | 3.1% |
| Analyst forecast (3YL) (up to 3 years) | 6.6% |
Notable Dividend: 3YL's dividend (2.77%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: 3YL's dividend (2.77%) 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 (123.6%), 3YL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), 3YL's dividend payments are covered by cash flows.