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Scales (NZSE:SCL) Dividend Yield % : 3.93% (As of Jun. 08, 2024)


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What is Scales Dividend Yield %?

As of today (2024-06-08), the Trailing Annual Dividend Yield of Scales is 3.93%.

Warning Sign:

Scales Corp Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Scales's Dividend Yield % or its related term are showing as below:

NZSE:SCL' s Dividend Yield % Range Over the Past 10 Years
Min: 1.23   Med: 4.08   Max: 7.25
Current: 3.93

During the past 10 years, the highest Dividend Yield of Scales was 7.25%. The lowest was 1.23%. And the median was 4.08%.

NZSE:SCL's Dividend Yield % is ranked better than
77.05% of 1098 companies
in the Consumer Packaged Goods industry
Industry Median: 2.325 vs NZSE:SCL: 3.93

Scales's Dividend Payout Ratio for the six months ended in Dec. 2023 was 2.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Scales Corp Ltd is 1.56, which seems too high.

During the past 10 years, the highest Dividend Payout Ratio of Scales was 1.56. The lowest was 0.20. And the median was 0.88.

As of today (2024-06-08), the Forward Dividend Yield % of Scales is 2.43%.

Scales's Dividends per Share for the six months ended in Dec. 2023 was NZ$0.04.

During the past 12 months, Scales's average Dividends Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.60% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Scales was 49.40% per year. The lowest was -18.40% 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.


Scales Dividend Yield % Historical Data

The historical data trend for Scales's Dividend Yield % 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.

Scales Dividend Yield % Chart

Scales Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 3.82 3.39 4.69 3.77

Scales Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.39 4.38 4.69 4.13 3.77

Competitive Comparison of Scales's Dividend Yield %

For the Packaged Foods subindustry, Scales's Dividend Yield %, along with its competitors' market caps and 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.


Scales's Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scales's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Scales's Dividend Yield % falls into.



Scales Dividend Yield % Calculation

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

Scales Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0425002024-01-052024-01-082024-01-18Cash Dividendsemi-annuallyNZD:NZD 1.000000
NZD 0.0950002023-06-282023-06-292023-07-07Cash Dividendsemi-annuallyNZD:NZD 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1375/3.50
=3.93 %

Current Share Price is NZ$3.50.
Scales's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.1375.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.085/3.50
=2.43 %

Current Share Price is NZ$3.50.
Scales's Dividends per Share for the forward twelve months is calculated as NZ$0.0425 * 2 = NZ$0.085.

* 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.


Scales  (NZSE:SCL) 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.


Scales Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Scales's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Scales (NZSE:SCL) Business Description

Traded in Other Exchanges
Address
52 Cashel Street, Christchurch, NZL, 8013
Scales Corp Ltd is a company engaged in agribusiness activities. It provides logistics services, grows apples, export products, provides insurance services to companies within the group, and operates logistics facilities. The operating segments of the group are Global Proteins, Horticulture, Logistics, and Others. Geographically, the company has its presence in Australia, New Zealand, USA and Others.

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