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SLVM Sylvamo dividend history, payout ratio & dates

Sylvamo's most recent 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 1.81%. The latest dividend has increased by $0.15, or 50% from the previous payment.

Key dates

  • SLVM last dividend date: Jul 8, 2024
SLVM dividend stats
DPS
$1.35
Dividend yield
1.81%
Payout ratio
23.9%
vs. Basic Materials sector
Dividend yield
2.15%
Payout ratio
41.9%

Dividend yield

What is Sylvamo current dividend yield

SLVM has a dividend yield of 1.81% which is below the Basic Materials sector average. Compared to its Basic Materials sector average of 2.15%, Sylvamo's dividend yield is 16% lower.

Dividend history

What is SLVM dividend payout history and dates

Sylvamo has been paying dividends since 2022. SLVM has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 56% for the last year. However since the stock price has gone up by 83% from a year ago, the dividend yield has decreased by 15%.

Recent dividends

Ex-date Amount Yield (TTM)
Jul 8, 2024 $0.45 2.02%
Apr 5, 2024 $0.3 1.91%
Jan 3, 2024 $0.3 2.25%
Oct 2, 2023 $0.3 2.49%
Jul 5, 2023 $0.25 2.15%
Apr 5, 2023 $0.25 1.63%
Jan 3, 2023 $0.25 0.99%
Sep 30, 2022 $0.113 0.66%
Jun 16, 2022 $0.113 0.28%

Sylvamo dividend payout ratio

What is Sylvamo dividend payout ratio compared to the sector

Payout ratio

SLVM has a payout ratio of 23.9% which is lower than the Basic Materials sector average. If we compare it with the Basic Materials sector average of 41.9%, Sylvamo's payout ratio is 43% 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 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 1.81%.

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 23.9%.

Does Sylvamo pay a good dividend?

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

Special dividends are included in TTM DPS and yield. Data from and Sharadar.