Spirax-Sarco Engineering Dividend
Dividend criteria checks 4/6
Spirax-Sarco Engineering is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 25th April, 2024.
Key information
1.8%
Dividend yield
64%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 24 May 24 |
| Ex dividend date | 25 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | UK£2.49 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £1.14
Apr 05
Spirax-Sarco Engineering's (LON:SPX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 30Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.46
Aug 16Recent updates
Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £1.14
Apr 05Does Spirax-Sarco Engineering (LON:SPX) Have A Healthy Balance Sheet?
Mar 28Spirax-Sarco Engineering plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 10There Are Reasons To Feel Uneasy About Spirax-Sarco Engineering's (LON:SPX) Returns On Capital
Mar 08Pinning Down Spirax-Sarco Engineering plc's (LON:SPX) P/E Is Difficult Right Now
Dec 21Returns At Spirax-Sarco Engineering (LON:SPX) Appear To Be Weighed Down
Nov 30Estimating The Fair Value Of Spirax-Sarco Engineering plc (LON:SPX)
Nov 11Spirax-Sarco Engineering (LON:SPX) Has A Pretty Healthy Balance Sheet
Sep 17Spirax-Sarco Engineering's (LON:SPX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 30Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.46
Aug 16Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Have Stalled
Jun 08Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Apr 05Investors Can Find Comfort In Spirax-Sarco Engineering's (LON:SPX) Earnings Quality
Mar 17Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £1.1
Mar 12Shareholders Are Optimistic That Spirax-Sarco Engineering (LON:SPX) Will Multiply In Value
Mar 08Investors Shouldn't Overlook The Favourable Returns On Capital At Spirax-Sarco Engineering (LON:SPX)
Nov 30Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Nov 13Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £0.425
Oct 02Is Spirax-Sarco Engineering plc (LON:SPX) Worth UK£111 Based On Its Intrinsic Value?
Sep 13Spirax-Sarco Engineering (LON:SPX) Knows How To Allocate Capital
Aug 29Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.425
Aug 14Is Spirax-Sarco Engineering (LON:SPX) A Risky Investment?
Jun 25Is Spirax-Sarco Engineering plc (LON:SPX) Worth UK£103 Based On Its Intrinsic Value?
May 25Spirax-Sarco Engineering (LON:SPX) Is Reinvesting To Multiply In Value
May 10Many Would Be Envious Of Spirax-Sarco Engineering's (LON:SPX) Excellent Returns On Capital
Jan 07Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Dec 12A Look Into Spirax-Sarco Engineering's (LON:SPX) Impressive Returns On Capital
Sep 24Is Spirax-Sarco Engineering (LON:SPX) A Risky Investment?
Sep 03Be Wary Of Spirax-Sarco Engineering (LON:SPX) And Its Returns On Capital
Jun 21These 4 Measures Indicate That Spirax-Sarco Engineering (LON:SPX) Is Using Debt Reasonably Well
May 11Spirax-Sarco Engineering plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 13What Do The Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Tell Us?
Mar 10Have Insiders Been Buying Spirax-Sarco Engineering plc (LON:SPX) Shares?
Feb 09Shareholders of Spirax-Sarco Engineering (LON:SPX) Must Be Delighted With Their 327% Total Return
Jan 08What To Know Before Buying Spirax-Sarco Engineering plc (LON:SPX) For Its Dividend
Dec 21
Is Weakness In Spirax-Sarco Engineering plc (LON:SPX) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 07Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Paint An Interesting Picture
Nov 24Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Spirax-Sarco Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPX) | 1.8% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Machinery) | 2.2% |
| Analyst forecast in 3 Years (SPX) | 2.3% |
Notable Dividend: SPX's dividend (1.81%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: SPX's dividend (1.81%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.1%), SPX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61%), SPX's dividend payments are covered by cash flows.