Spire Dividends and Buybacks
Dividend criteria checks 5/6
Spire is a dividend paying company with a current yield of 4.33% that is well covered by earnings. Next payment date is on 17th February, 2025 with an ex-dividend date of 24th January, 2025.
Key information
4.3%
Dividend yield
-7.0%
Buyback Yield
| Total Shareholder Yield | -2.7% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 3.7% |
| Next dividend pay date | 17 Feb 25 |
| Ex dividend date | 24 Jan 25 |
| Dividend per share | US$3.140 |
| Payout ratio | 72% |
Recent dividend and buyback 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) | 4.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Gas Utilities) | 3.2% |
| Analyst forecast (SR.PRA) (up to 3 years) | 4.8% |
Notable Dividend: SR.PRA's dividend (4.33%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SR.PRA's dividend (4.33%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.8%), SR.PRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (354.9%), SR.PRA's dividend payments are not well covered by cash flows.