Spire Dividend
Dividend criteria checks 5/6
Spire is a dividend paying company with a current yield of 4.88% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 25th July, 2024.
Key information
4.9%
Dividend yield
71%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 15 Aug 24 |
| Ex dividend date | 25 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.84 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SR.PRA's dividends per share have been stable in the past 10 years.
Growing Dividend: SR.PRA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SR.PRA) | 4.9% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Gas Utilities) | 3.8% |
| Analyst forecast in 3 Years (SR.PRA) | 5.4% |
Notable Dividend: SR.PRA's dividend (4.88%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: SR.PRA's dividend (4.88%) 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 (71.3%), SR.PRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (313%), SR.PRA's dividend payments are not well covered by cash flows.