Softcat Dividends and Buybacks
Dividend criteria checks 3/6
Softcat is a dividend paying company with a current yield of 2.97% that is well covered by earnings. Next payment date is on 17th December, 2024 with an ex-dividend date of 7th November, 2024.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 1.0% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | UK£0.475 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SCTL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SCTL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Softcat Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SCTL) | 3.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (IT) | 3.4% |
| Analyst forecast (SCTL) (up to 3 years) | 3.4% |
Notable Dividend: SCTL's dividend (2.97%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: SCTL's dividend (2.97%) is low compared to the top 25% of dividend payers in the UK market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.6%), SCTL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.2%), SCTL's dividend payments are covered by cash flows.