Shyft Dividends
| SHYF Stock | USD 14.35 0.57 4.14% |
At this time, Shyft's Dividends Paid is most likely to increase significantly in the upcoming years. The Shyft's current Dividend Payout Ratio is estimated to increase to 1.15, while Dividend Yield is projected to decrease to 0.01. Shyft's past performance could be the main factor of why investors trade Shyft Group stock today. Investors should clearly understand every aspect of the Shyft dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Shyft's dividend schedule and payout information. Shyft Group dividends can also provide a clue to the current valuation of Shyft.
Number Of Dividends | Years Issued 37 | Previous Year 4 Times | Current Year 4 Times | Year Average 1.97 | Volatility 0.87 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 7.1 M | 7.5 M | |
| Dividend Yield | 0.02 | 0.01 | |
| Dividend Payout Ratio | 1.09 | 1.15 | |
| Dividend Paid And Capex Coverage Ratio | 2.02 | 1.37 |
Shyft |
Investing in dividend-paying stocks, such as Shyft Group is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Shyft must own a stock before its ex-dividend date to receive its next dividend.
Shyft Dividends Paid Over Time
Today, most investors in Shyft Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Shyft's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Shyft dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Shyft Historical Dividend Yield Growth
A solid dividend growth pattern of Shyft could indicate future dividend growth is likely, which can signal long-term profitability for Shyft Group. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Shyft Group dividend as a percentage of Shyft stock price. Shyft Group dividend yield is a measure of Shyft stock productivity, which can be interpreted as interest rate earned on an Shyft investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Shyft Dividends Paid (per share)
Dividends Paid |
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Shyft Expected Dividend Income Per Share
Dividend payment represents part of Shyft's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Shyft. Shyft's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.15 Bottom Scenario | $0.15 | $0.15 Top Scenario |
One Year
Shyft Group expected dividend income per share adjusted for ongoing price standard deviation
Shyft Past Distributions to stockholders
| 16th of September 2024 | ||
| 17th of June 2024 | ||
| 18th of March 2024 | ||
| 15th of December 2023 | ||
| 18th of September 2023 | ||
| 20th of June 2023 | ||
| 17th of March 2023 | ||
| 17th of February 2023 | ||
| 15th of December 2022 |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 0.2 | Earnings Share (0.10) | Revenue Per Share 22.898 | Quarterly Revenue Growth (0.04) |
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.