Snap-on is a dividend paying company with a current yield of 2.79% that is well covered by earnings. Next payment date is on 10th June, 2024 with an ex-dividend date of 17th May, 2024.
Key information
2.8%
Dividend yield
36%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
10 Jun 24
Ex dividend date
17 May 24
Dividend per share
n/a
Earnings per share
US$19.46
Dividend yield forecast in 3Y
3.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0L7G's dividends per share have been stable in the past 10 years.
Growing Dividend: 0L7G's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Snap-on Dividend Yield vs Market
How does 0L7G dividend yield compare to the market?
Segment
Dividend Yield
Company (0L7G)
2.8%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.9%
Industry Average (Machinery)
2.2%
Analyst forecast in 3 Years (0L7G)
3.1%
Notable Dividend: 0L7G's dividend (2.79%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).
High Dividend: 0L7G's dividend (2.79%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), 0L7G's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.4%), 0L7G's dividend payments are well covered by cash flows.