Scales Corporation Limited

NZSE:SCL Stock Report

Market Cap: NZ$591.5m

Scales Dividends and Buybacks

Dividend criteria checks 2/6

Scales is a dividend paying company with a current yield of 2.06% that is well covered by earnings.

Key information

2.1%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield2.1%
Future Dividend Yield5.3%
Dividend Growth-2.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNZ$0.085
Payout ratio20%

Recent dividend and buyback updates

Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118

Jun 22
Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Jun 08
Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

May 17
Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Recent updates

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

Sep 04
Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet

Oct 30
Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet

Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118

Jun 22
Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Jun 08
Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

May 17
Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Is Scales (NZSE:SCL) A Risky Investment?

Dec 14
Is Scales (NZSE:SCL) A Risky Investment?

Estimating The Fair Value Of Scales Corporation Limited (NZSE:SCL)

May 07
Estimating The Fair Value Of Scales Corporation Limited (NZSE:SCL)

Is Scales (NZSE:SCL) A Risky Investment?

Mar 14
Is Scales (NZSE:SCL) A Risky Investment?

Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 01
Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?

Feb 16
Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?

Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?

Jan 29
Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?

It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend

Dec 31
It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend

Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like

Dec 24
Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like

Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?

Nov 26
Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?

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
How does SCL dividend yield compare to the market?
SegmentDividend Yield
Company (SCL)2.1%
Market Bottom 25% (NZ)3.2%
Market Top 25% (NZ)6.1%
Industry Average (Food)7.6%
Analyst forecast (SCL) (up to 3 years)5.3%

Notable Dividend: SCL's dividend (2.06%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.22%).

High Dividend: SCL's dividend (2.06%) is low compared to the top 25% of dividend payers in the NZ market (6.12%).


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.


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