Singapore Airlines (C6L.SI) Dividends
Market Cap: $19.86B
Avg Volume: 6.40M
Industry: Airlines, Airports & Air Services
Sector: Industrials
Dividend Overview
Singapore Airlines (C6L.SI) pays a quarterly dividend to its shareholders. The current dividend yield is 7.70%, which means that for every $100 invested at the current price, investors would receive approximately $7.70 in dividends per year (this can change based on future dividend payments and price movements).
About C6L.SI's Dividend
Singapore Airlines pays a quarterly dividend of $0.12 per share, which totals $0.48 annually. This means that for each share you own, you'll receive $0.48 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was November 25, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Singapore Airlines's payout ratio is 0.42% which means that 0.42% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Singapore Airlines's dividend has decreased by -2.80% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
C6L.SI Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.1 | 7.70% | November 25, 2024 | November 26, 2024 | December 11, 2024 | |
| $0.38 | 7.69% | August 01, 2024 | August 02, 2024 | August 21, 2024 | |
| $0.1 | 6.08% | December 06, 2023 | December 07, 2023 | December 22, 2023 | |
| $0.28 | 3.88% | August 01, 2023 | August 02, 2023 | August 18, 2023 | |
| $0.1 | 1.82% | December 09, 2022 | December 12, 2022 | December 22, 2022 | |
| $0.08 | 3.26% | November 14, 2019 | November 15, 2019 | November 27, 2019 | |
| $0.22 | 3.26% | August 01, 2019 | August 02, 2019 | August 16, 2019 | |
| $0.08 | 4.09% | November 21, 2018 | November 23, 2018 | December 04, 2018 | |
| $0.2999 | 4.06% | July 31, 2018 | August 02, 2018 | August 15, 2018 | |
| $0.1 | 1.97% | November 21, 2017 | November 23, 2017 | December 05, 2017 | |
| $0.11 | 1.91% | August 01, 2017 | August 03, 2017 | August 16, 2017 | |
| $0.09 | 4.51% | November 11, 2016 | |||
| $0.3499 | 4.24% | August 02, 2016 | |||
| $0.1 | 2.51% | November 16, 2015 | |||
| $0.17 | 2.11% | August 03, 2015 | |||
| $0.05 | 2.91% | November 14, 2014 | |||
| $0.2499 | 3.50% | August 01, 2014 | |||
| $0.1 | 2.64% | November 20, 2013 | |||
| $0.17 | 2.28% | July 30, 2013 | |||
| $0.06 | 1.53% | November 12, 2012 | |||
| $0.1 | 1.87% | July 30, 2012 | |||
| $0.1 | 8.30% | November 17, 2011 | |||
| $0.7998 | 7.95% | August 02, 2011 | |||
| $0.2 | 1.29% | November 23, 2010 | |||
| $0.12 | 0.77% | July 30, 2010 | |||
| $0.2 | 3.15% | August 13, 2009 | |||
| $0.2 | 9.51% | November 19, 2008 | |||
| $0.8 | 6.62% | July 31, 2008 | |||
| $0.2 | 3.72% | November 14, 2007 | |||
| $0.35 | 3.65% | August 02, 2007 | |||
| $0.15 | 3.25% | November 10, 2006 | |||
| $0.35 | 3.54% | August 02, 2006 | |||
| $0.1 | 0.86% | November 15, 2005 | |||
| $0.3 | 2.57% | August 01, 2005 | |||
| $0.25 | 2.34% | August 02, 2004 | |||
| $0.09 | 1.38% | July 29, 2003 | |||
| $0.06 | 1.65% | November 08, 2002 | |||
| $0.12 | 1.12% | July 16, 2002 | |||
| $0.03 | 2.79% | November 08, 2001 | |||
| $0.2 | 2.94% | July 17, 2001 | |||
| $0.15 | 0.90% | November 09, 2000 | |||
| $0.2 | 1.09% | July 18, 2000 |
Dividend Growth
Singapore Airlines (C6L.SI) dividend payments have decreased -280.41% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for C6L.SI
- Dividend Payout Ratio: 0.42% Low risk
- Dividend & Capex Coverage Ratio: 2.14x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -2.80% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Singapore Airlines's payout ratio is 0.42% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 2.14x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Singapore Airlines can comfortably cover its dividends and necessary investments from its operating cash flow.
Singapore Airlines's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Singapore Airlines's dividend growth rate of -2.80% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.