Scales Dividends and Buybacks
Dividend criteria checks 2/6
Scales is a dividend paying company with a current yield of 2.23% that is well covered by earnings. Next payment date is on 17th January, 2025 with an ex-dividend date of 6th January, 2025.
Key information
2.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | -2.4% |
| Next dividend pay date | 17 Jan 25 |
| Ex dividend date | 06 Jan 25 |
| Dividend per share | NZ$0.085 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118
Jun 22
Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118
Jun 08Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118
May 17Recent updates
Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations
Sep 04Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet
Oct 30Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118
Jun 22Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118
Jun 08Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118
May 17Is Scales (NZSE:SCL) A Risky Investment?
Dec 14Estimating The Fair Value Of Scales Corporation Limited (NZSE:SCL)
May 07Is Scales (NZSE:SCL) A Risky Investment?
Mar 14Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models
Mar 01Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?
Feb 16
Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?
Jan 29It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend
Dec 31Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like
Dec 24Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SCL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SCL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Scales Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SCL) | 2.2% |
| Market Bottom 25% (NZ) | 3.5% |
| Market Top 25% (NZ) | 6.3% |
| Industry Average (Food) | 7.9% |
| Analyst forecast (SCL) (up to 3 years) | 5.3% |
Notable Dividend: SCL's dividend (2.23%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.52%).
High Dividend: SCL's dividend (2.23%) is low compared to the top 25% of dividend payers in the NZ market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), SCL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.5%), SCL's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Scales Corporation Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christian Bell | Credit Suisse |
| Adrian Allbon | Deutsche Bank |
| Montgomerie Matt | Forsyth Barr Group Ltd. |