BAE Systems Dividends and Buybacks
Dividend criteria checks 5/6
BAE Systems is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 24th October, 2024.
Key information
2.3%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -4.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 24 Oct 24 |
| Dividend per share | UK£0.309 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BAL's dividends per share have been stable in the past 10 years.
Growing Dividend: BAL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| BAE Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BAL) | 2.3% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Aerospace & Defense) | 2.1% |
| Analyst forecast (BAL) (up to 3 years) | 2.9% |
Notable Dividend: BAL's dividend (2.33%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: BAL's dividend (2.33%) is low compared to the top 25% of dividend payers in the UK market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), BAL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.4%), BAL's dividend payments are well covered by cash flows.