Smartoptics Group Dividend
Dividend criteria checks 2/6
Smartoptics Group is a dividend paying company with a current yield of 2.58% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
2.6%
Dividend yield
64%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.077 |
| Dividend yield forecast in 3Y | 58.6% |
Recent dividend updates
Recent updates
Smartoptics Group (OB:SMOP) Is Paying Out A Dividend Of $0.50
Apr 25
Smartoptics Group (OB:SMOP) Knows How To Allocate Capital Effectively
Nov 11Here's Why We Think Smartoptics Group (OB:SMOP) Might Deserve Your Attention Today
Oct 05Why The 31% Return On Capital At Smartoptics Group (OB:SMOP) Should Have Your Attention
Mar 17Returns On Capital Are A Standout For Smartoptics Group (OB:SMOP)
Dec 10Is Now The Time To Put Smartoptics Group (OB:SMOP) On Your Watchlist?
Oct 19We Like These Underlying Return On Capital Trends At Smartoptics Group (OB:SMOP)
Jun 15Investors Shouldn't Be Too Comfortable With Smartoptics Group's (OB:SMOP) Robust Earnings
May 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SMOP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SMOP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Smartoptics Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMOP) | 2.6% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Communications) | 4.1% |
| Analyst forecast in 3 Years (SMOP) | 58.6% |
Notable Dividend: SMOP's dividend (2.58%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.31%).
High Dividend: SMOP's dividend (2.58%) is low compared to the top 25% of dividend payers in the Norwegian market (7.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), SMOP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.8%), SMOP's dividend payments are well covered by cash flows.