Scott Technology Limited

NZSE:SCT Stock Report

Market Cap: NZ$224.1m

Scott Technology Dividend

Dividend criteria checks 2/6

Scott Technology is a dividend paying company with a current yield of 2.9% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 30th April, 2024.

Key information

2.9%

Dividend yield

41%

Payout ratio

Industry average yield3.4%
Next dividend pay date15 May 24
Ex dividend date30 Apr 24
Dividend per sharen/a
Earnings per shareNZ$0.19
Dividend yield forecast in 3Y5.1%

Recent dividend updates

Scott Technology (NZSE:SCT) Is Increasing Its Dividend To NZ$0.0544

Apr 22
Scott Technology (NZSE:SCT) Is Increasing Its Dividend To NZ$0.0544

Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Oct 21
Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Apr 17
Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Recent updates

Scott Technology (NZSE:SCT) Is Increasing Its Dividend To NZ$0.0544

Apr 22
Scott Technology (NZSE:SCT) Is Increasing Its Dividend To NZ$0.0544

Slowing Rates Of Return At Scott Technology (NZSE:SCT) Leave Little Room For Excitement

Dec 25
Slowing Rates Of Return At Scott Technology (NZSE:SCT) Leave Little Room For Excitement

Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Oct 21
Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

These 4 Measures Indicate That Scott Technology (NZSE:SCT) Is Using Debt Safely

Jun 19
These 4 Measures Indicate That Scott Technology (NZSE:SCT) Is Using Debt Safely

Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Apr 17
Scott Technology (NZSE:SCT) Will Pay A Dividend Of NZ$0.04

Scott Technology (NZSE:SCT) Is Paying Out A Dividend Of NZ$0.04

Oct 21
Scott Technology (NZSE:SCT) Is Paying Out A Dividend Of NZ$0.04

Scott Technology (NZSE:SCT) Has A Rock Solid Balance Sheet

Jun 15
Scott Technology (NZSE:SCT) Has A Rock Solid Balance Sheet

Scott Technology's (NZSE:SCT) Earnings Are Weaker Than They Seem

Apr 14
Scott Technology's (NZSE:SCT) Earnings Are Weaker Than They Seem

Scott Technology (NZSE:SCT) Has A Pretty Healthy Balance Sheet

May 08
Scott Technology (NZSE:SCT) Has A Pretty Healthy Balance Sheet

Is Scott Technology Limited (NZSE:SCT) Popular Amongst Insiders?

Feb 22
Is Scott Technology Limited (NZSE:SCT) Popular Amongst Insiders?

Would Scott Technology (NZSE:SCT) Be Better Off With Less Debt?

Jan 14
Would Scott Technology (NZSE:SCT) Be Better Off With Less Debt?

Scott Technology's (NZSE:SCT) Stock Price Has Reduced 46% In The Past Three Years

Dec 09
Scott Technology's (NZSE:SCT) Stock Price Has Reduced 46% In The Past Three Years

Upcoming Dividend Payment

TodayApr 22 2024Ex Dividend DateApr 30 2024Dividend Pay DateMay 15 202415 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SCT's dividend payments have been volatile in the past 10 years.

Growing Dividend: SCT's dividend payments have not increased over the past 10 years.


Dividend Yield vs Market

Scott Technology Dividend Yield vs Market
How does SCT dividend yield compare to the market?
SegmentDividend Yield
Company (SCT)2.9%
Market Bottom 25% (NZ)3.0%
Market Top 25% (NZ)6.9%
Industry Average (Machinery)3.4%
Analyst forecast in 3 Years (SCT)5.1%

Notable Dividend: SCT's dividend (2.9%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.02%).

High Dividend: SCT's dividend (2.9%) is low compared to the top 25% of dividend payers in the NZ market (6.91%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.4%), SCT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.3%), SCT's dividend payments are well covered by cash flows.


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