Scales Dividends and Buybacks

Dividend criteria checks 2/6

Scales is a dividend paying company with a current yield of 2% that is well covered by earnings.

Key information

2.0%

Dividend yield

Buyback Yield

Total Shareholder Yield	2.0%
Future Dividend Yield	4.8%
Dividend Growth	-2.6%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	NZ$0.085
Payout ratio	20%

Recent dividend and buyback updates

Recent updates

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

Sep 04

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

Oct 30

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 08

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

May 17

Is Scales (NZSE:SCL) A Risky Investment?

Dec 14

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

May 07

Is Scales (NZSE:SCL) A Risky Investment?

Mar 14

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

Mar 01

Does 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 29

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

Dec 31

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

Dec 24

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

Nov 26

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?
Segment	Dividend Yield
Company (SCL)	2.0%
Market Bottom 25% (NZ)	3.5%
Market Top 25% (NZ)	6.3%
Industry Average (Food)	7.4%
Analyst forecast (SCL) (up to 3 years)	4.8%

Notable Dividend: SCL's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.45%).

High Dividend: SCL's dividend (2%) is low compared to the top 25% of dividend payers in the NZ market (6.4%).

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	2025/01/21 04:22
End of Day Share Price	2025/01/21 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Scales Dividends and Buybacks

Dividend criteria checks 2/6

Key information

Recent dividend and buyback updates

Upcoming dividend of NZ$0.085 per share

Upcoming dividend of NZ$0.05 per share at 5.5% yield

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

Upcoming dividend of NZ$0.11 per share at 6.0% yield

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

Recent updates

Upcoming dividend of NZ$0.085 per share

First half dividend of NZ$0.085 announced

Non-Executive Independent Director recently bought NZ$194k worth of stock

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

First half 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.027 in 1H 2023)

Scales Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024

Scales Corporation Limited Announces Management Changes

Final dividend of NZ$0.05 announced

Scales Corporation Limited, Annual General Meeting, Jun 05, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Scales Corporation Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Upcoming dividend of NZ$0.05 per share at 5.5% yield

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

First half 2023 earnings released: EPS: NZ$0.027 (vs NZ$0.18 in 1H 2022)

Price target decreased by 8.8% to NZ$3.56

Scales Corporation Limited to Report First Half, 2023 Results on Aug 23, 2023

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

Upcoming dividend of NZ$0.11 per share at 6.0% yield

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

Scales Corporation Limited Announces Retirement of Mark Hutton Retired as Director

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

Non Executive Independent Director recently bought NZ$143k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of NZ$0.041 per share at 5.8% yield

Non Executive Independent Director recently bought NZ$341k worth of stock

Full year 2022 earnings released: EPS: NZ$0.14 (vs NZ$0.19 in FY 2021)

Investor sentiment deteriorates as stock falls 19%

Scales Corporation Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

Upcoming dividend of NZ$0.071 per share

Is Scales (NZSE:SCL) A Risky Investment?

Price target decreased to NZ$4.15

Scales Corporation Limited Announces Half Year Cash Distribution, Payable on January 16, 2023

Insider recently sold NZ$65k worth of stock

Consensus forecasts updated

Price target decreased to NZ$4.55

First half 2022 earnings released: EPS: NZ$0.18 (vs NZ$0.20 in 1H 2021)

Scales Corporation Limited to Report Q2, 2022 Results on Aug 24, 2022

Upcoming dividend of NZ$0.11 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Upcoming dividend of NZ$0.11 per share

Group Health & Safety recently sold NZ$359k worth of stock

Insider recently sold NZ$107k worth of stock

Chief Executive Officer of Mr Apple recently sold NZ$416k worth of stock

Chief Financial Officer recently sold NZ$201k worth of stock

First half 2021 earnings released: EPS NZ$0.20 (vs NZ$0.18 in 1H 2020)

CEO, MD & Executive Director recently sold NZ$1.1m worth of stock

Upcoming dividend of NZ$0.11 per share

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

Consensus forecasts updated

Is Scales (NZSE:SCL) A Risky Investment?

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

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS NZ$0.15 (vs NZ$0.32 in FY 2019)

New 90-day low: NZ$4.50

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?

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

Upcoming Dividend of NZ$0.11 Per Share

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 ?

New 90-day low: NZ$4.68

First half earnings released

Price target raised to NZ$5.00

Scales Corporation Limited to Report First Half, 2020 Results on Aug 26, 2020

Stability and Growth of Payments

Dividend Yield vs Market

Earnings Payout to Shareholders

Cash Payout to Shareholders