Sygnus Credit Investments Limited

JMSE:SCIJMD10.50C Stock Report

Market Cap: JA$7.0b

Sygnus Credit Investments Dividends and Buybacks

Dividend criteria checks 3/6

Sygnus Credit Investments is a dividend paying company with a current yield of 6.53% that is well covered by earnings.

Key information

6.5%

Dividend yield

8.7%

Buyback Yield

Total Shareholder Yield15.2%
Future Dividend Yieldn/a
Dividend Growth10.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareJA$0.843
Payout ratio31%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SCIJMD10.50C has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SCIJMD10.50C's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Sygnus Credit Investments Dividend Yield vs Market
How does SCIJMD10.50C dividend yield compare to the market?
SegmentDividend Yield
Company (SCIJMD10.50C)6.5%
Market Bottom 25% (JM)2.0%
Market Top 25% (JM)3.4%
Industry Average (Diversified Financial)3.8%
Analyst forecast (SCIJMD10.50C) (up to 3 years)n/a

Notable Dividend: SCIJMD10.50C's dividend (6.53%) is higher than the bottom 25% of dividend payers in the JM market (2.01%).

High Dividend: SCIJMD10.50C's dividend (6.53%) is in the top 25% of dividend payers in the JM market (3.45%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.9%), SCIJMD10.50C's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SCIJMD10.50C is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies