Spectra Systems Dividend
Dividend criteria checks 3/6
Spectra Systems is a dividend paying company with a current yield of 4.17% that is well covered by earnings. Next payment date is on 23rd June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
4.2%
Dividend yield
86%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 23 Jun 24 |
| Ex dividend date | 04 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.13 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Spectra Systems' (LON:SPSY) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 03
After Leaping 29% Spectra Systems Corporation (LON:SPSY) Shares Are Not Flying Under The Radar
Dec 23Why The 23% Return On Capital At Spectra Systems (LON:SPSY) Should Have Your Attention
Sep 27Why We Like The Returns At Spectra Systems (LON:SPSY)
Dec 14Spectra Systems Corporation's (LON:SPSY) 28% Jump Shows Its Popularity With Investors
Sep 13We Like The Quality Of Spectra Systems' (LON:SPSY) Earnings
Mar 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SPSY has been paying a dividend for less than 10 years.
Growing Dividend: SPSY's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Spectra Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPSY) | 4.2% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (SPSY) | 5.0% |
Notable Dividend: SPSY's dividend (4.17%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: SPSY's dividend (4.17%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.5%), SPSY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.8%), SPSY's dividend payments are covered by cash flows.