Spectris Dividend
Dividend criteria checks 5/6
Spectris is a dividend paying company with a current yield of 2.73% that is well covered by earnings. Next payment date is on 8th November, 2024 with an ex-dividend date of 3rd October, 2024.
Key information
2.7%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 08 Nov 24 |
| Ex dividend date | 03 Oct 24 |
| Dividend per share | UK£0.805 |
| Earnings per share | UK£2.73 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SXSL's dividends per share have been stable in the past 10 years.
Growing Dividend: SXSL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spectris Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SXSL) | 2.7% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (SXSL) | 3.1% |
Notable Dividend: SXSL's dividend (2.73%) is higher than the bottom 25% of dividend payers in the UK market (2%).
High Dividend: SXSL's dividend (2.73%) is low compared to the top 25% of dividend payers in the UK market (5.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), SXSL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.4%), SXSL's dividend payments are covered by cash flows.