Smiths Group Dividends and Buybacks
Dividend criteria checks 4/6
Smiths Group is a dividend paying company with a current yield of 2.58% that is well covered by earnings. Next payment date is on 22nd November, 2024 with an ex-dividend date of 17th October, 2024.
Key information
2.6%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -4.6% |
| Next dividend pay date | 22 Nov 24 |
| Ex dividend date | 17 Oct 24 |
| Dividend per share | US$0.587 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SMGK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: SMGK.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Smiths Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMGK.F) | 2.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Industrials) | 2.4% |
| Analyst forecast (SMGK.F) (up to 3 years) | 3.1% |
Notable Dividend: SMGK.F's dividend (2.58%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SMGK.F's dividend (2.58%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), SMGK.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.2%), SMGK.F's dividend payments are well covered by cash flows.