Spirax-Sarco Engineering (LSE:SPX) Dividend Payout Ratio : 0.29 (As of Dec. 2023)

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What is Spirax-Sarco Engineering Dividend Payout Ratio?

Spirax-Sarco Engineering's dividend payout ratio for the months ended in Dec. 2023 was 0.29.

The historical rank and industry rank for Spirax-Sarco Engineering's Dividend Payout Ratio or its related term are showing as below:

LSE:SPX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.4 Max: 0.5
Current: 0.5

During the past 13 years, the highest Dividend Payout Ratio of Spirax-Sarco Engineering was 0.50. The lowest was 0.36. And the median was 0.40.

LSE:SPX's Dividend Payout Ratio is ranked worse than
70.57% of 1672 companies
in the Industrial Products industry
Industry Median: 0.325 vs LSE:SPX: 0.50

As of today (2024-04-26), the Dividend Yield % of Spirax-Sarco Engineering is 1.81%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Spirax-Sarco Engineering was 2.40%. The lowest was 0.65%. And the median was 1.31%.

Spirax-Sarco Engineering's Dividends per Share for the months ended in Dec. 2023 was £0.46.

During the past 12 months, Spirax-Sarco Engineering's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spirax-Sarco Engineering was 30.70% per year. The lowest was 1.90% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

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

Spirax-Sarco Engineering Dividend Payout Ratio Historical Data

The historical data trend for Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering Dividend Payout Ratio Chart

Spirax-Sarco Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.39

0.44

0.36

0.37

0.50

Spirax-Sarco Engineering 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	Get a 7-Day Free Trial															0.21	0.56	0.21	0.71	0.29

Competitive Comparison of Spirax-Sarco Engineering's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spirax-Sarco Engineering's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Spirax-Sarco Engineering's Dividend Payout Ratio falls into.

Spirax-Sarco Engineering Dividend Payout Ratio Calculation

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

Spirax-Sarco Engineering'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 )
	=	1.555	/	3.118
	=	0.50

Spirax-Sarco Engineering'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 )
	=	0.46	/	1.569
	=	0.29

Spirax-Sarco Engineering (LSE:SPX) 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.

Spirax-Sarco Engineering Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Spirax-Sarco Engineering's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Spirax-Sarco Engineering (LSE:SPX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spirax-Sarco Engineering PLC (LSE:SPX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SPXSF:USA SPXSY:USA SPXl:UK 1LNB:Germany

Address

Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER

Website

https://www.spiraxsarcoengineering.com

Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (LSE:SPX) Headlines

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