SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF Dividend
Dividend criteria checks 2/6
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF is a dividend paying company with a current yield of 6.42% that is well covered by earnings.
Key information
6.4%
Dividend yield
56%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$6.263 |
| Earnings per share | Mex$11.17 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JNK * has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JNK * has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JNK *) | 6.4% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.2% |
| Industry Average (Capital Markets) | 6.0% |
| Analyst forecast (JNK *) (up to 3 years) | n/a |
Notable Dividend: JNK *'s dividend (6.42%) is higher than the bottom 25% of dividend payers in the MX market (2.24%).
High Dividend: JNK *'s dividend (6.42%) is low compared to the top 25% of dividend payers in the MX market (7.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), JNK *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate JNK *'s cash payout ratio to determine if its dividend payments are covered by cash flows.