Silk Logistics Holdings (ASX:SLH) Forward Dividend Yield % : 3.79% (As of Apr. 30, 2024)

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What is Silk Logistics Holdings Forward Dividend Yield %?

As of today (2024-04-30), the Forward Annual Dividend Yield of Silk Logistics Holdings is 3.79%.

As of today (2024-04-30), the Trailing Annual Dividend Yield of Silk Logistics Holdings is 3.79%.

ASX:SLH's Forward Dividend Yield % is ranked better than
60% of 625 companies
in the Transportation industry
Industry Median: 3.16 vs ASX:SLH: 3.79

Silk Logistics Holdings's Dividends per Share for the six months ended in Dec. 2023 was A$0.03.

During the past 12 months, Silk Logistics Holdings's average Dividends Per Share Growth Rate was -1.20% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison of Silk Logistics Holdings's Forward Dividend Yield %

For the Integrated Freight & Logistics subindustry, Silk Logistics Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.

Silk Logistics Holdings's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Silk Logistics Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Silk Logistics Holdings's Forward Dividend Yield % falls into.

Silk Logistics Holdings Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Silk Logistics Holdings Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
AUD 0.028000	2024-03-01	2024-03-04	2024-04-10	Cash Dividend	semi-annually	AUD:AUD 1.000000
AUD 0.031000	2023-09-01	2023-09-04	2023-10-02	Cash Dividend	semi-annually	AUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Silk Logistics Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.056	/	1.56
	=	3.59 %

Current Share Price is A$1.56.
Silk Logistics Holdings's Dividends per Share for the forward twelve months is calculated as A$0.028 * 2 = A$0.056.

Silk Logistics Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.059	/	1.56
	=	3.78 %

Current Share Price is A$1.56.
Silk Logistics Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.059.

* 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.

Silk Logistics Holdings (ASX:SLH) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Silk Logistics Holdings Forward Dividend Yield % Related Terms

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Silk Logistics Holdings (ASX:SLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Silk Logistics Holdings Ltd (ASX:SLH) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Lorimer Street, Unit 3, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.silklogistics.com.au

Silk Logistics Holdings Ltd operates in the Australian logistics industry, delivering port-to-door, technology-enabled contract or third-party logistics and time certain Port Logistics services. The business provides these services to clients in several key industries, including, but not limited to FMCG, light industrial, food, specialised retail, and containerised agriculture. The company provides a one-stop shop for integrated port-to-door logistics, providing services in wharf cartage, warehousing, and domestic distribution, through its trading brands Silk Contract Logistics and Rocke Brothers. Its segment includes Port and Contract logistics out of which it generates a majority of its revenue from the Port logistics segment.