Sims Ltd stock dividend – SIMS Ltd Declares 0.14 Cash Dividend
March 19, 2023
Dividends Yield
On March 1 2023, SIMS Ltd declared a cash dividend of 0.14 AUD per share. This is the fourth consecutive year in which SIMS Ltd has declared an annual dividend per share. Over the past three years, the company has declared dividends of 0.91, 0.71 and 0.12 AUD per share respectively. The dividend yield from 2021 to 2023 is estimated to be 5.69%, 4.17% and 0.88% respectively, giving a cumulative average yield of 3.58%. If you are interested in investing in dividend stocks, you may want to consider adding SIMS LTD ($BER:I8M) to your portfolio.
The ex-dividend date is March 6 2023, and shareholders of record prior to this date will be eligible to receive the dividend payments. It is important to note that dividends are not guaranteed and may be subject to changes in the future. SIMS Ltd is a well-established company with a track record of profitable operations and consistent dividend payments. This latest dividend announcement is a great opportunity for investors seeking to benefit from dividend payments on their investments.
Share Price
The stock opened at €10.2 and closed at €10.1, representing a 0.6% decrease from the previous closing price of €10.2. This move is seen as a positive sign for shareholders, as it demonstrates the company’s commitment to providing value to its investors. The dividend will be distributed on a pro-rata basis for shareholders who own the stock as of the record date. It remains to be seen how the market will react to this news, but it appears to have been well received by investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sims Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 8.83k | 447.1 | 4.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sims Ltd. More…
| Operations | Investing | Financing |
| 579 | -275.5 | -82.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sims Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.35k | 1.79k | 13.29 |
Key Ratios Snapshot
Some of the financial key ratios for Sims Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.7% | 42.5% | 6.8% |
| FCF Margin | ROE | ROA |
| 2.9% | 14.7% | 8.6% |
Analysis
GoodWhale has analyzed the financials of SIMS LTD and assessed it to be a medium risk investment. We considered various financial and business aspects to arrive at this conclusion. However, we have also detected one risk warning in their balance sheet which registered users can see. We recommend that you become a registered user in order to view this warning and get a better understanding of the company’s financial health. More…
Summary
Investors interested in dividend stocks may want to consider SIMS LTD as a potential addition to their portfolio. The company has declared an annual dividend per share of 0.91 AUD, 0.71 AUD and 0.12 AUD respectively over the past 3 years, offering a cumulative average yield of 3.58%. Looking ahead, experts have estimated the dividend yield from 2021 to 2023 to be 5.69%, 4.17% and 0.88% respectively, providing investors with an attractive return on their investment.
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