Scott Technology Dividend
What is Scott Technology current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.83%
Current Dividend Yield
Dividend Yield vs Market
| Scott Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SCT) | 2.8% |
| Market Bottom 25% (NZ) | 2.9% |
| Market Top 25% (NZ) | 6.2% |
| Industry Average (Machinery) | 3.3% |
| Analyst forecast in 3 Years (SCT) | n/a |
Notable Dividend: SCT's dividend (2.83%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.94%).
High Dividend: SCT's dividend (2.83%) is low compared to the top 25% of dividend payers in the NZ market (6.15%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/29/2023 | 0.08 | 2.83 |
| 10/18/2022 | 0.08 | 2.99 |
| 4/7/2022 | 0.08 | 2.73 |
| 10/22/2021 | 0.08 | 2.43 |
| 5/5/2021 | 0.04 | 1.46 |
| 10/30/2020 | - | 0 |
| 5/8/2020 | - | 0 |
| 10/24/2019 | 0.08 | 4.2 |
| 10/25/2018 | 0.1 | 3.92 |
| 10/12/2017 | 0.1 | 2.97 |
| 10/13/2016 | 0.095 | 3.66 |
| 10/8/2015 | 0.08 | 4.86 |
| 10/9/2014 | 0.08 | 5.57 |
| 3/27/2014 | 0.08 | 5.05 |
| 10/10/2013 | 0.08 | 4.16 |
| 4/11/2013 | 0.08 | 3.45 |
| 10/11/2012 | 0.08 | 3.23 |
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), SCT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SCT is paying a dividend but the company has no free cash flows.