This company has been acquired
Switch Dividends and Buybacks
Dividend criteria checks 0/6
Key information
0.6%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 35.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Switch declares goes ex-dividend tomorrow
Aug 18Switch: Likely To Be Acquired But Not By Digital Realty Or Equinix
Apr 16Switch: This Small Data Center Company Doesn't Look That Special
Jan 27Switch Has Superior Data Center Growth
Dec 14Switch to raise $430M to fund the acquisition of Data Foundry
Jun 01Switch EPS beats by $0.02, beats on revenue
May 10Switch shares up on acquiring Data Foundry for $420M and preliminary Q1 results
May 03Switch +4.3% as Jefferies boosts to Buy on valuation
Jan 13Switch goes ex-dividend on Monday
Nov 13Switch: How Much Longer Will Investors Deal With Disappointment?
Nov 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SWCH is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: SWCH is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Switch Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SWCH) | 0.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (IT) | 2.2% |
| Analyst forecast (SWCH) (up to 3 years) | 0.9% |
Notable Dividend: SWCH's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: SWCH's dividend (0.61%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Earnings Payout to Shareholders
Earnings Coverage: SWCH is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: SWCH is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/06 22:48 |
| End of Day Share Price | 2022/12/05 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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 Github.
Analyst Sources
Switch, Inc. is covered by 19 analysts. 10 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 |
|---|---|
| Timothy Long | Barclays |
| Brendan Lynch | Barclays |
| Nathan Crossett | Berenberg |