SPIE is a dividend paying company with a current yield of 2.37% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
2.4%
Dividend yield
57%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
16 May 24
Ex dividend date
14 May 24
Dividend per share
n/a
Earnings per share
€1.43
Dividend yield forecast in 3Y
3.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPIEP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SPIEP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
SPIE Dividend Yield vs Market
How does SPIEP dividend yield compare to the market?
Segment
Dividend Yield
Company (SPIEP)
2.4%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Commercial Services)
2.2%
Analyst forecast in 3 Years (SPIEP)
3.3%
Notable Dividend: SPIEP's dividend (2.37%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: SPIEP's dividend (2.37%) is low compared to the top 25% of dividend payers in the UK market (5.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.3%), SPIEP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), SPIEP's dividend payments are well covered by cash flows.