Smiths Group Dividends and Buybacks
Dividend criteria checks 4/6
Smiths Group is a dividend paying company with a current yield of 2.47% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 18th October, 2024.
Key information
2.5%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | -4.8% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 18 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: SMGZ.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SMGZ.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Smiths Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMGZ.Y) | 2.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Industrials) | 2.4% |
| Analyst forecast (SMGZ.Y) (up to 3 years) | 2.9% |
Notable Dividend: SMGZ.Y's dividend (2.47%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: SMGZ.Y's dividend (2.47%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), SMGZ.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.2%), SMGZ.Y's dividend payments are well covered by cash flows.