Spindex Industries Dividend
Dividend criteria checks 4/6
Spindex Industries is a dividend paying company with a current yield of 2.74% that is well covered by earnings. Next payment date is on 18th November, 2024 with an ex-dividend date of 6th November, 2024.
Key information
2.7%
Dividend yield
5%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 18 Nov 24 |
| Ex dividend date | 06 Nov 24 |
| Dividend per share | S$0.027 |
| Earnings per share | S$0.13 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Spindex Industries (SGX:564) Will Pay A Larger Dividend Than Last Year At SGD0.027
Aug 26
Spindex Industries (SGX:564) Will Pay A Smaller Dividend Than Last Year
Aug 29Recent updates
Spindex Industries (SGX:564) Will Pay A Larger Dividend Than Last Year At SGD0.027
Aug 26Spindex Industries Limited's (SGX:564) Business And Shares Still Trailing The Market
Aug 21Spindex Industries (SGX:564) Will Pay A Smaller Dividend Than Last Year
Aug 29Robust Earnings May Not Tell The Whole Story For Spindex Industries (SGX:564)
Feb 21Spindex Industries (SGX:564) Seems To Use Debt Rather Sparingly
May 19Spindex Industries (SGX:564) Will Will Want To Turn Around Its Return Trends
Apr 28Spindex Industries Limited (SGX:564) Is Yielding 2.4% - But Is It A Buy?
Mar 22Spindex Industries Limited's (SGX:564) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 04Is Spindex Industries (SGX:564) A Risky Investment?
Feb 15Here's What To Make Of Spindex Industries' (SGX:564) Returns On Capital
Jan 28Did You Participate In Any Of Spindex Industries' (SGX:564) Respectable 72% Return?
Jan 07
Is Spindex Industries Limited (SGX:564) The Right Choice For A Smart Dividend Investor?
Dec 16Has Spindex Industries Limited's (SGX:564) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 564's dividend payments have been volatile in the past 10 years.
Growing Dividend: 564's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spindex Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (564) | 2.7% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.3% |
| Industry Average (Machinery) | 2.9% |
| Analyst forecast in 3 Years (564) | n/a |
Notable Dividend: 564's dividend (2.74%) is higher than the bottom 25% of dividend payers in the SG market (2.66%).
High Dividend: 564's dividend (2.74%) is low compared to the top 25% of dividend payers in the SG market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.2%), 564's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.4%), 564's dividend payments are well covered by cash flows.