Spire Dividend
Dividend criteria checks 5/6
Spire is a dividend paying company with a current yield of 4.93% that is well covered by earnings. Next payment date is on 2nd July, 2024 with an ex-dividend date of 11th June, 2024.
Key information
4.9%
Dividend yield
71%
Payout ratio
| Industry average yield | 6.5% |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | €3.84 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LGR's dividends per share have been stable in the past 10 years.
Growing Dividend: LGR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LGR) | 4.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Gas Utilities) | 6.5% |
| Analyst forecast in 3 Years (LGR) | 5.4% |
Notable Dividend: LGR's dividend (4.93%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: LGR's dividend (4.93%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), LGR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (313.1%), LGR's dividend payments are not well covered by cash flows.