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Somero Enterprises (LSE:SOM) Forward Dividend Yield % : 7.15% (As of Jun. 24, 2024)


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What is Somero Enterprises Forward Dividend Yield %?

As of today (2024-06-24), the Forward Annual Dividend Yield of Somero Enterprises is 7.15%.

As of today (2024-06-24), the Trailing Annual Dividend Yield of Somero Enterprises is 7.15%.

LSE:SOM's Forward Dividend Yield % is ranked better than
92.31% of 130 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.345 vs LSE:SOM: 7.15

Somero Enterprises's Dividends per Share for the six months ended in Dec. 2023 was £0.08.

During the past 12 months, Somero Enterprises's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 35.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Somero Enterprises was 81.70% per year. The lowest was 4.40% per year. And the median was 32.65% 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 Somero Enterprises's Forward Dividend Yield %

For the Farm & Heavy Construction Machinery subindustry, Somero Enterprises'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.


Somero Enterprises's Forward Dividend Yield % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Somero Enterprises's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Somero Enterprises's Forward Dividend Yield % falls into.



Somero Enterprises Forward Dividend Yield % Calculation

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

Somero Enterprises Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2059002024-04-112024-04-122024-05-10Cash Dividendsemi-annuallyUSD:GBP 0.799000
USD 0.1000002023-09-212023-09-222023-10-20Cash Dividendsemi-annuallyUSD:GBP 0.808000

* 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.

Somero Enterprises's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.3290282/3.45
=9.54 %

Current Share Price is £3.45.
Somero Enterprises's Dividends per Share for the forward twelve months is calculated as £0.1645141 * 2 = £0.3290282.

Somero Enterprises's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2453141/3.45
=7.11 %

Current Share Price is £3.45.
Somero Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.2453141.

* 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.


Somero Enterprises  (LSE:SOM) 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.


Somero Enterprises Forward Dividend Yield % Related Terms

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Somero Enterprises (LSE:SOM) Business Description

Traded in Other Exchanges
N/A
Address
14530 Global Parkway, Fort Myers, FL, USA, 33913
Somero Enterprises Inc provides concrete placing solutions. The company provides concrete-leveling equipment, training, education, & support to its customers. Its products include CopperHead, Mini Screed C, S-840, S-15R, S-22E, S-485, S-940, S-10A, & the S-158 Laser Screed machines; STS-11M Topping Spreader; as well as the 3-D Profiler System software, the Somero Floor Levelness System, & the SP-16 Concrete Hose Line-Pulling & Placing System. Its revenues are derived from sales of Boomed screed products, Ride-on screed products, Remanufactured machines sales, 3-D Profiler System, & sales of parts & accessories, other equipment, service, training, & shipping charges. Geographically, it operates in North America, EMEA & ROW (Australia, Latin America, India, China, Korea, & Southeast Asia).

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