SATS Dividends and Buybacks
Dividend criteria checks 2/6
SATS is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 6th August, 2026 with an ex-dividend date of 22nd July, 2026.
Key information
1.6%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | -11.7% |
| Next dividend pay date | 06 Aug 26 |
| Ex dividend date | 22 Jul 26 |
| Dividend per share | n/a |
| Payout ratio | 37% |
Recent dividend and buyback updates
Analysis Article • Nov 16
SATS (SGX:S58) Will Pay A Dividend Of SGD0.02
SATS Ltd. ( SGX:S58 ) has announced that it will pay a dividend of SGD0.02 per share on the 5th of December. Even...Analysis Article • Jul 22
SATS (SGX:S58) Is Increasing Its Dividend To SGD0.035
SATS Ltd.'s ( SGX:S58 ) dividend will be increasing from last year's payment of the same period to SGD0.035 on 15th of...Recent updates
Narrative Update • Jun 15
S58: AI Collaboration And Stable Assumptions Will Support Future Potential
Analysts have kept their fair value view on SATS broadly in line, with a refreshed price target of SGD4.42 grounded in updated assumptions for discount rate, revenue growth, profit margin, and future P/E that remain close to prior estimates. What's in the News FPT Corporation signed a Memorandum of Understanding (MOU) with SATS Ltd to explore collaborations focused on artificial intelligence and digital innovation across Singapore, Vietnam, and the wider APAC region.Narrative Update • May 31
S58: Lower Discount Rate Will Support Future Upside Potential
Analysts have nudged their SATS price target slightly higher to SGD4.42 from SGD4.41, citing updated assumptions around revenue growth, profit margin and a lower discount rate, partly offset by a more conservative future P/E multiple. Valuation Changes Fair Value: From SGD4.41 to SGD4.42, a slight upward adjustment in the intrinsic value estimate.Analysis Article • May 28
Here's What Analysts Are Forecasting For SATS Ltd. (SGX:S58) After Its Yearly Results
It's been a pretty great week for SATS Ltd. ( SGX:S58 ) shareholders, with its shares surging 17% to S$3.80 in the week...Analysis Article • May 26
Is Now The Time To Put SATS (SGX:S58) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • May 09
S58: Slightly Lower Assumptions Will Still Support Future Upside Potential
Analysts have trimmed their SATS price target slightly, reflecting updated fair value work, a modestly lower discount rate and small tweaks to revenue growth, profit margin and future P/E assumptions. This has resulted in a revised target close to the prior SGD level.Narrative Update • Apr 21
S58: Modest Margin Pressure Will Still Support Future Upside Potential
Analysts have inched their SATS price target lower to SGD4.44 from SGD4.46, citing slightly higher discount rate assumptions and marginally softer profit margin expectations, while keeping revenue growth and future P/E assumptions broadly in line. Valuation Changes Fair Value: Adjusted slightly lower from SGD4.46444 to SGD4.44222, reflecting modestly updated model inputs.Narrative Update • Apr 05
S58: Higher Fair Value And P/E Multiple Will Support Future Upside
Analysts have nudged their SATS price target slightly higher to reflect a modestly higher fair value estimate of SGD 4.46. This is paired with a small adjustment to the discount rate and only marginal tweaks to revenue growth, profit margin and future P/E assumptions.Narrative Update • Mar 22
S58: Lower Discount Rate And Higher P/E Multiple Will Support Upside Potential
Analysts have made a small upward adjustment to SATS' price target to SGD4.41. This reflects slightly lower discount rate assumptions, modest tweaks to revenue growth and profit margin inputs, and a marginally higher forward P/E multiple.Narrative Update • Mar 08
S58: Higher Margins And Refined P/E Outlook Will Support Fair Value
Analysts now place SATS' fair value at SGD 4.40, up from SGD 4.11, reflecting updated assumptions for revenue growth, profit margins, and a slightly adjusted P/E outlook. Valuation Changes Fair Value: updated from SGD 4.11 to SGD 4.40, indicating a modest upward adjustment in the valuation anchor.Narrative Update • Feb 21
S58: Stable Dividend Outlook And Steady P/E Assumptions Will Support Fair Value
Analysts have made a small upward revision to their SATS price target to SGD4.11, reflecting slightly updated assumptions on discount rate, long term revenue growth, profit margin and future P/E. These changes leave their overall valuation view largely unchanged.Analysis Article • Feb 10
SATS Ltd.'s (SGX:S58) Popularity With Investors Is Clear
SATS Ltd.'s ( SGX:S58 ) price-to-earnings (or "P/E") ratio of 22.3x might make it look like a sell right now compared...Narrative Update • Feb 07
S58: Stable Dividend Outlook And P/E Assumptions Will Support Fair Value
Analysts have nudged their price target on SATS higher to reflect small tweaks in assumptions around the discount rate, long term revenue growth, profit margins and future P/E. This has resulted in an updated fair value estimate that remains close to the prior US$4.11 level.Narrative Update • Jan 22
S58: Future Dividend Policy And Stable P/E Will Support Fair Value
Analysts have raised their price target on SATS, reflecting slightly updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that together indicate a modestly improved outlook for the shares. What's in the News The Board of Directors has declared an interim dividend of S$0.02 per share for SATS Ltd., with payment scheduled for 5 December 2025 (Key Developments).Narrative Update • Jan 08
S58: Future Dividends And Stable Earnings Multiple Will Support Fair Value
Narrative Update on SATS The analyst price target for SATS has been revised slightly higher to reflect a fair value estimate of about 4.04, up from roughly 4.02. Analysts point to modest adjustments in the discount rate and long-term P/E assumptions as the key drivers of this change.Narrative Update • Dec 14
S58: Future Dividends Will Drive Upside As Earnings Multiple Expands
Narrative Update on SATS Analyst Price Target Analysts have modestly raised their price target on SATS from approximately $3.99 to $4.02 per share, reflecting slightly lower perceived risk and a marginally higher future earnings multiple in their updated valuation models. What's in the News The Board of Directors has declared an interim dividend of 2 cents per share, with book closure on 24 November 2025 and payment on 5 December 2025 (company announcement).Narrative Update • Nov 28
S58: Future Dividends And Higher Earnings Multiple Will Drive Upside Next Year
Analysts have increased their price target for SATS from $3.94 to $3.99, citing modest adjustments in growth estimates and valuation metrics. What's in the News The Board of Directors of SATS Ltd.Analysis Article • Nov 20
SATS' (SGX:S58) Performance Is Even Better Than Its Earnings Suggest
The subdued stock price reaction suggests that SATS Ltd.'s ( SGX:S58 ) strong earnings didn't offer any surprises...Analysis Article • Nov 16
SATS (SGX:S58) Will Pay A Dividend Of SGD0.02
SATS Ltd. ( SGX:S58 ) has announced that it will pay a dividend of SGD0.02 per share on the 5th of December. Even...Narrative Update • Nov 14
S58: Lower Discount Rate Will Drive Shareholder Returns Next Year
The analyst price target for SATS has been increased from $3.82 to $3.94. Analysts cite strengthened fair value estimates and an improved discount rate outlook in their updated assessment.Analysis Article • Oct 28
At S$3.48, Is It Time To Put SATS Ltd. (SGX:S58) On Your Watch List?
SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it received a lot of attention from a substantial...Analysis Article • Oct 09
Should You Be Adding SATS (SGX:S58) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Aug 27
Collaborations With SF Express, Air India, And DHL Will Boost Air Cargo Logistics Efficiency
The upward revision in SATS’s consensus price target primarily reflects improved revenue growth forecasts, with fair value rising from SGD3.71 to SGD3.82. What's in the News SATS approved a final ordinary tax-exempt dividend of 3.5 cents per share for FY ended 31 March 2025, payable on 15 August 2025.Analysis Article • Aug 20
SATS Ltd.'s (SGX:S58) Earnings Haven't Escaped The Attention Of Investors
SATS Ltd.'s ( SGX:S58 ) price-to-earnings (or "P/E") ratio of 19.5x might make it look like a sell right now compared...Analysis Article • Jul 22
SATS (SGX:S58) Is Increasing Its Dividend To SGD0.035
SATS Ltd.'s ( SGX:S58 ) dividend will be increasing from last year's payment of the same period to SGD0.035 on 15th of...Analysis Article • Jul 18
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For SATS Ltd.'s (SGX:S58) CEO For Now
Key Insights SATS' Annual General Meeting to take place on 25th of July Salary of S$1.02m is part of CEO Kerry Mok's...Analysis Article • Jul 11
At S$3.12, Is SATS Ltd. (SGX:S58) Worth Looking At Closely?
SATS Ltd. ( SGX:S58 ), is not the largest company out there, but it saw a significant share price rise of 27% in the...Analysis Article • Jun 26
SATS (SGX:S58) Is Paying Out A Larger Dividend Than Last Year
SATS Ltd. ( SGX:S58 ) has announced that it will be increasing its dividend from last year's comparable payment on the...
New Narrative • Feb 09
Expanding E-Commerce And Partnerships With Mitsui And Shun Feng Will Extend Global Reach
Strategic partnerships and expansions in food services and e-commerce are expected to drive revenue growth and improve margins for SATS.Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: S58's dividend payments have been volatile in the past 10 years.
Growing Dividend: S58's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| SATS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (S58) | 1.6% |
| Market Bottom 25% (SG) | 1.9% |
| Market Top 25% (SG) | 5.5% |
| Industry Average (Infrastructure) | 3.2% |
| Analyst forecast (S58) (up to 3 years) | 2.1% |
Notable Dividend: S58's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.92%).
High Dividend: S58's dividend (1.56%) is low compared to the top 25% of dividend payers in the SG market (5.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), S58's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.1%), S58's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/26 10:37 |
| End of Day Share Price | 2026/06/26 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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.
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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 Github.
Analyst Sources
SATS Ltd. is covered by 19 analysts. 9 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 |
|---|---|
| Nathan Gee | BofA Global Research |
| Wee Kuang Tay | CGS International |
| Kaseedit Choonnawat | Citigroup Inc |