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SLVM Sylvamo dividend history, payout ratio & dates

  1. Stocks
  2. Basic Materials
  3. NYSE: SLVM
  4. Dividend

Sylvamo's most recent quarterly dividend was on Jul 8, 2024 (ex-date) with a cash dividend payment of $0.45 per share. At an annualized rate of $1.35 per share, the stock yields 1.84%. The latest dividend has increased by $0.15, or 50% from the previous payment.

Key dates

  • SLVM last dividend date: Jul 8, 2024
  • SLVM next dividend date: Not announced
SLVM dividend stats
DPS
$1.35
Dividend yield
1.79%
Payout ratio
28.2%
vs. Basic Materials sector
Dividend yield
1.9%
Payout ratio
37.9%

Dividend yield

What is Sylvamo current dividend yield

SLVM has a dividend yield of 1.84% which is below the Basic Materials sector average. But compared to its Basic Materials sector average of 1.9%, Sylvamo's dividend yield is only 3.2% lower.

Dividend history

What is SLVM dividend payout history and dates

Sylvamo has been paying dividends since 2022. SLVM has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has increased by 56% for the last year. And since the stock price has gone up by 55% from a year ago, the dividend yield has increased by 1%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 8, 2024 Jul 29, 2024 May 17, 2024 $0.45 normal
Apr 5, 2024 Apr 29, 2024 Feb 20, 2024 $0.3 normal
Jan 3, 2024 Jan 25, 2024 Dec 15, 2023 $0.3 normal
Oct 2, 2023 Oct 17, 2023 Sep 19, 2023 $0.3 special
Oct 2, 2023 Oct 17, 2023 Sep 19, 2023 $0.3 normal
Jul 5, 2023 Jul 27, 2023 May 16, 2023 $0.25 normal
Apr 5, 2023 Apr 27, 2023 Feb 21, 2023 $0.25 normal
Jan 3, 2023 Jan 25, 2023 Nov 10, 2022 $0.25 normal
Sep 30, 2022 Oct 17, 2022 Sep 20, 2022 $0.113 normal
Jun 16, 2022 Jul 15, 2022 $0.113 normal

Sylvamo dividend payout ratio

What is Sylvamo dividend payout ratio compared to the sector

Payout ratio

SLVM has a payout ratio of 28.2% which is lower than the Basic Materials sector average. If we compare it with the Basic Materials sector average of 37.9%, Sylvamo's payout ratio is 26% lower.

Total amount of dividends paid per financial year (from cash flow)

Frequently asked questions

Does Sylvamo pay a dividend?

Yes, Sylvamo has been paying dividends for the last two years.

When is Sylvamo's next dividend?

SLVM hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in October 2024.

When was SLVM's last dividend?

Sylvamo's last regular dividend was on Jul 8, 2024 (ex-date) with the amount of $0.45 per share.

How much dividend does Sylvamo pay (per share)?

SLVM's annualized dividend per share is $1.35.

What is Sylvamo's dividend yield?

The current dividend yield of Sylvamo is 1.84%.

How often does Sylvamo pay dividends?

Sylvamo has a quarterly dividend frequency.

What is Sylvamo's dividend payout ratio?

The dividend payout ratio of Sylvamo is 28.2%.

Does Sylvamo pay a good dividend?

Sylvamo's dividend yield is similar to the Basic Materials sector average.