Signify Dividends and Buybacks
Dividend criteria checks 4/6
Signify is a dividend paying company with a current yield of 7.36% that is well covered by earnings.
Key information
7.4%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | 8.3% |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$1.550 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LIGHT N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LIGHT N's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Signify Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LIGHT N) | 7.4% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Electrical) | 0% |
| Analyst forecast (LIGHT N) (up to 3 years) | 8.3% |
Notable Dividend: LIGHT N's dividend (7.36%) is higher than the bottom 25% of dividend payers in the MX market (2.08%).
High Dividend: LIGHT N's dividend (7.36%) is in the top 25% of dividend payers in the MX market (7.16%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.4%), LIGHT N's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.2%), LIGHT N's dividend payments are well covered by cash flows.