SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF Dividend
Dividend criteria checks 3/6
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF is a dividend paying company with a current yield of 6.56% that is well covered by earnings.
Key information
6.6%
Dividend yield
56%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$10.72 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JNK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JNK has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (JNK) | 6.6% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Capital Markets) | 2.4% |
Analyst forecast in 3 Years (JNK) | n/a |
Notable Dividend: JNK's dividend (6.56%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: JNK's dividend (6.56%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), JNK's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate JNK's cash payout ratio to determine if its dividend payments are covered by cash flows.