STERIS Dividends and Buybacks
Dividend criteria checks 4/6
STERIS is a dividend paying company with a current yield of 1.1% that is well covered by earnings. Next payment date is on 19th December, 2024 with an ex-dividend date of 19th November, 2024.
Key information
1.1%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -6.6% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | US$2.280 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
STERIS plc's (NYSE:STE) Popularity With Investors Is Clear
Dec 14
Steris Q2: Anticipating HSD Growth In AST, Upgrade To 'Buy'
Nov 18What Does STERIS plc's (NYSE:STE) Share Price Indicate?
Oct 19Is STERIS (NYSE:STE) A Risky Investment?
Oct 01Steris: Dental Divestiture, Surgical Instrumentation Acquisition, But Overvalued
Sep 16Earnings Tell The Story For STERIS plc (NYSE:STE)
Sep 13Steris: Q2 Numbers Solidify Buy Thesis
Aug 13STERIS plc's (NYSE:STE) Intrinsic Value Is Potentially 59% Above Its Share Price
Aug 08When Should You Buy STERIS plc (NYSE:STE)?
Jul 04Is STERIS (NYSE:STE) Using Too Much Debt?
Jun 13Steris: Moving On, Losing Its Teeth
Apr 14STERIS plc's (NYSE:STE) Intrinsic Value Is Potentially 31% Above Its Share Price
Mar 29STERIS (NYSE:STE) Has A Pretty Healthy Balance Sheet
Mar 07Steris: Strong Healthcare Products Growth Coupled With Weak AST Business
Feb 17STERIS plc's (NYSE:STE) Business Is Trailing The Industry But Its Shares Aren't
Feb 15Steris: Comprehensive Sterilization Portfolios Tailored To Procedure Volumes
Nov 08Steris: Remains On Track For Strong Fiscal '24, Added Upsides From Operating Leverage
Sep 01Steris: Continuing To Grow The Product Lineup
Jun 20Steris falls 10% on Q3 revenue, profit miss, 2023 profit guidance lowered
Feb 09Steris declares $0.47 dividend
Feb 01Steris declares $0.47 dividend
Nov 02Steris: Non-GAAP Valuations Supportive Of Substantial Upside
Sep 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STE's dividends per share have been stable in the past 10 years.
Growing Dividend: STE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| STERIS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STE) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Medical Equipment) | 1.8% |
| Analyst forecast (STE) (up to 3 years) | 1.3% |
Notable Dividend: STE's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: STE's dividend (1.1%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), STE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), STE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 10:04 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
STERIS plc is covered by 25 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 |
|---|---|
| Daniel Owczarski | Avondale Partners |
| Michael Polark | Baird |
| Erin Wilson Wright | BofA Global Research |