Synergy Grid & Development Phils Dividends and Buybacks
Dividend criteria checks 2/6
Synergy Grid & Development Phils is a dividend paying company with a current yield of 3.92% that is well covered by earnings.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.9% |
| Dividend Growth | -18.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₱0.347 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SGP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SGP has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Synergy Grid & Development Phils Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SGP) | 3.9% |
| Market Bottom 25% (PH) | 2.1% |
| Market Top 25% (PH) | 6.7% |
| Industry Average (Electric Utilities) | 3.5% |
| Analyst forecast (SGP) (up to 3 years) | 3.9% |
Notable Dividend: SGP's dividend (3.92%) is higher than the bottom 25% of dividend payers in the PH market (2.09%).
High Dividend: SGP's dividend (3.92%) is low compared to the top 25% of dividend payers in the PH market (6.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.8%), SGP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SGP is paying a dividend but the company has no free cash flows.