Spirax-Sarco Engineering Dividend

What is Spirax-Sarco Engineering current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.26%

Current Dividend Yield

Dividend Yield vs Market

Spirax-Sarco Engineering Dividend Yield vs Market
How does SPX dividend yield compare to the market?
SegmentDividend Yield
Company (SPX)1.3%
Market Bottom 25% (GB)2.0%
Market Top 25% (GB)5.7%
Industry Average (Machinery)2.0%
Analyst forecast in 3 Years (SPX)1.5%

Notable Dividend: SPX's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.95%).

High Dividend: SPX's dividend (1.26%) is low compared to the top 25% of dividend payers in the UK market (5.66%).


Stability and Growth of Payments

How stable has Spirax-Sarco Engineering's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20241.7412
12/31/20231.6114
12/31/20221.4914
12/6/20221.41.26
8/12/20221.41.29
3/11/20221.361.22
8/12/20211.230.84
4/8/20211.180.9
3/10/20211.181.03
3/27/20201.11.05
3/11/20201.11.33
3/25/201911.19
4/3/20180.881.35
3/15/20180.881.5
3/27/20170.761.38
3/9/20170.761.6
3/21/20160.691.71
3/3/20160.692
3/5/20150.672.08
8/8/20140.632.08
5/20/20140.612.12
11/8/20130.571.88
3/7/20130.571.93
3/8/20120.532.31
3/7/20120.532.37

Stable Dividend: SPX's dividends per share have been stable in the past 10 years.

Growing Dividend: SPX's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.3%), SPX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69%), SPX's dividend payments are covered by cash flows.


Discover strong dividend paying companies