Spirent Communications (Spirent Communications) Dividend Payout Ratio

: 0.49 (As of Dec. 2023)

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Spirent Communications's dividend payout ratio for the months ended in Dec. 2023 was 0.49.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spirent Communications PLC is 1.02, which seems too high.

The historical rank and industry rank for Spirent Communications's Dividend Payout Ratio or its related term are showing as below:

SPMYY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.45 Max: 1.05
Current: 1.05

During the past 13 years, the highest Dividend Payout Ratio of Spirent Communications was 1.05. The lowest was 0.35. And the median was 0.45.

SPMYY's Dividend Payout Ratio is ranked worse than
91.87% of 836 companies
in the Software industry
Industry Median: 0.35 vs SPMYY: 1.05

As of today (2024-04-19), the Dividend Yield % of Spirent Communications is 3.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Spirent Communications was 6.22%. The lowest was 1.15%. And the median was 2.32%.

Spirent Communications's Dividends per Share for the months ended in Dec. 2023 was $0.11.

During the past 12 months, Spirent Communications's average Dividends Per Share Growth Rate was 8.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spirent Communications was 67.10% per year. The lowest was 1.70% per year. And the median was 11.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Spirent Communications Dividend Payout Ratio Historical Data

The historical data trend for Spirent Communications's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirent Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.35

0.38

0.35

1.05

Spirent Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio																0.23	0.60	0.21	2.48	0.49

Competitive Comparison

For the Software - Infrastructure subindustry, Spirent Communications's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spirent Communications Dividend Payout Ratio Distribution

For the Software industry and Technology sector, Spirent Communications's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Spirent Communications's Dividend Payout Ratio falls into.

Spirent Communications Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Spirent Communications's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.314	/	0.3
	=	1.05

Spirent Communications's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.106	/	0.216
	=	0.49

Spirent Communications (OTCPK:SPMYY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Spirent Communications Dividend Payout Ratio Related Terms

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Spirent Communications (Spirent Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spirent Communications PLC (OTCPK:SPMYY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SPNUF:USA SPTl:UK SPT:UK BW8:Germany

Address

108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD

Website

https://corporate.spirent.com

Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.