Softchoice is a dividend paying company with a current yield of 2.86% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
2.9%
Dividend yield
51%
Payout ratio
Industry average yield
1.2%
Next dividend pay date
12 Jul 24
Ex dividend date
28 Jun 24
Dividend per share
n/a
Earnings per share
US$0.67
Dividend yield forecast in 3Y
2.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SFTC.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SFTC.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Softchoice Dividend Yield vs Market
How does SFTC.F dividend yield compare to the market?
Segment
Dividend Yield
Company (SFTC.F)
2.9%
Market Bottom 25% (US)
1.5%
Market Top 25% (US)
4.7%
Industry Average (Electronic)
1.2%
Analyst forecast in 3 Years (SFTC.F)
2.9%
Notable Dividend: SFTC.F's dividend (2.86%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: SFTC.F's dividend (2.86%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), SFTC.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.2%), SFTC.F's dividend payments are well covered by cash flows.