Scandi Standard Dividends and Buybacks
Dividend criteria checks 3/6
Scandi Standard is a dividend paying company with a current yield of 2.74% that is well covered by earnings. Next payment date is on 25th September, 2024 with an ex-dividend date of 19th September, 2024.
Key information
2.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -9.1% |
| Next dividend pay date | 25 Sep 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | SEK 2.300 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SCSTS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SCSTS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Scandi Standard Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SCSTS) | 2.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Food) | 3.5% |
| Analyst forecast (SCSTS) (up to 3 years) | 4.4% |
Notable Dividend: SCSTS's dividend (2.74%) is higher than the bottom 25% of dividend payers in the UK market (2%).
High Dividend: SCSTS's dividend (2.74%) is low compared to the top 25% of dividend payers in the UK market (5.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), SCSTS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.5%), SCSTS's dividend payments are well covered by cash flows.