ST Group Food Industries Holdings Dividends and Buybacks
Dividend criteria checks 2/6
ST Group Food Industries Holdings is a dividend paying company with a current yield of 3.41%. Next payment date is on 22nd November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
3.4%
Dividend yield
-4.1%
Buyback Yield
| Total Shareholder Yield | -0.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.4% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | S$0.00492 |
| Payout ratio | 162% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DRX's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| ST Group Food Industries Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRX) | 3.4% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.0% |
| Industry Average (Hospitality) | 3.9% |
| Analyst forecast (DRX) (up to 3 years) | n/a |
Notable Dividend: DRX's dividend (3.41%) is higher than the bottom 25% of dividend payers in the SG market (2.7%).
High Dividend: DRX's dividend (3.41%) is low compared to the top 25% of dividend payers in the SG market (5.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (161.7%), DRX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.3%), DRX's dividend payments are thoroughly covered by cash flows.