Should You Buy Symrise AG (ETR:SY1) For Its Upcoming Dividend?

editorial-team@simplywallst.com (Simply Wall St)

Thu, May 15, 2025, 9:31 PM 4 min read

Readers hoping to bargain Symrise AG (ETR:SY1) for its dividend volition request to marque their determination shortly, arsenic the banal is astir to commercialized ex-dividend. The ex-dividend day is usually acceptable to beryllium 2 concern days earlier the grounds date, which is the cut-off day connected which you indispensable beryllium contiguous connected the company's books arsenic a shareholder successful bid to person the dividend. The ex-dividend day is important arsenic the process of colony involves astatine slightest 2 afloat concern days. So if you miss that date, you would not amusement up connected the company's books connected the grounds date. This means that investors who acquisition Symrise's shares connected oregon aft the 21st of May volition not person the dividend, which volition beryllium paid connected the 23rd of May.

The company's adjacent dividend outgo volition beryllium €1.20 per share, and successful the past 12 months, the institution paid a full of €1.20 per share. Calculating the past year's worthy of payments shows that Symrise has a trailing output of 1.2% connected the existent stock terms of €102.60. If you bargain this concern for its dividend, you should person an thought of whether Symrise's dividend is reliable and sustainable. That's wherefore we should ever cheque whether the dividend payments look sustainable, and if the institution is growing.

Our escaped banal study includes 1 informing motion investors should beryllium alert of earlier investing successful Symrise. Read for escaped now.

Dividends are usually paid retired of institution profits, truthful if a institution pays retired much than it earned past its dividend is usually astatine greater hazard of being cut. Symrise paid retired a comfy 35% of its nett past year. Yet currency travel is typically much important than nett for assessing dividend sustainability, truthful we should ever cheque if the institution generated capable currency to spend its dividend. What's bully is that dividends were good covered by escaped currency flow, with the institution paying retired 24% of its currency travel past year.

It's affirmative to spot that Symrise's dividend is covered by some profits and currency flow, since this is mostly a motion that the dividend is sustainable, and a little payout ratio usually suggests a greater borderline of information earlier the dividend gets cut.

Check retired our latest investigation for Symrise

Click here to spot the company's payout ratio, positive expert estimates of its aboriginal dividends.

Businesses with beardown maturation prospects usually marque the champion dividend payers, due to the fact that it's easier to turn dividends erstwhile net per stock are improving. If net autumn acold enough, the institution could beryllium forced to chopped its dividend. With that successful mind, we're encouraged by the dependable maturation astatine Symrise, with net per stock up 9.6% connected mean implicit the past 5 years. The institution is retaining much than fractional of its net wrong the business, and it has been increasing net astatine a decent rate. We deliberation this is mostly an charismatic combination, arsenic dividends tin turn done a operation of net maturation and oregon a higher payout ratio implicit time.