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SWCH Switch dividend history, payout ratio & dates

Switch's last quarterly dividend was on Aug 19, 2022 (ex-date) with a distribution of $0.053 per share. On an annualized basis, the company has a current payout of $0.21 per share. This brings the dividend yield to 0.62% based on its recent close price. The latest dividend marks a decrease of $0, or 0.9% from the previous dividend.

Key dates

  • SWCH last dividend date: Aug 19, 2022
  • SWCH next dividend date: Not announced
SWCH dividend stats
DPS
$0.21
Dividend yield
0.62%
Payout ratio
8.4%
vs. Technology sector
Dividend yield
1.67%
Payout ratio
27%

Dividend yield

What is Switch current dividend yield

SWCH has a dividend yield of 0.62% which is below the Technology sector and the industry average. Compared to its Technology sector average of 1.67%, Switch's dividend yield is 63% lower. The historical 5-year average of SWCH's dividend yield is 0.8%, which is above the current yield.

Dividend history

What is SWCH dividend payout history and dates

Switch has been paying dividends since 2017. SWCH has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 4.4% since one year ago. But with the stock price up by 35% from a year ago, the dividend yield marks a decrease of 23%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 19, 2022 Sep 1, 2022 Aug 8, 2022 $0.053 normal
May 23, 2022 Jun 6, 2022 May 10, 2022 $0.053 normal
Mar 10, 2022 Mar 22, 2022 Feb 24, 2022 $0.053 normal
Nov 18, 2021 Dec 1, 2021 Nov 4, 2021 $0.053 normal
Aug 18, 2021 Aug 31, 2021 Aug 5, 2021 $0.053 normal
May 24, 2021 Jun 4, 2021 May 10, 2021 $0.05 normal
Mar 15, 2021 Mar 26, 2021 Mar 1, 2021 $0.05 normal
Nov 16, 2020 Nov 30, 2020 Nov 5, 2020 $0.05 normal
Aug 17, 2020 Aug 31, 2020 Aug 6, 2020 $0.05 normal
May 21, 2020 Jun 2, 2020 May 8, 2020 $0.029 normal
Mar 11, 2020 Mar 24, 2020 Feb 27, 2020 $0.029 normal
Nov 18, 2019 Nov 29, 2019 Nov 7, 2019 $0.029 normal
Aug 16, 2019 Aug 30, 2019 Aug 7, 2019 $0.029 normal
May 21, 2019 Jun 4, 2019 May 8, 2019 $0.029 normal
Mar 22, 2019 Apr 4, 2019 Mar 12, 2019 $0.029 normal
Nov 23, 2018 Dec 6, 2018 Nov 13, 2018 $0.015 normal
Aug 23, 2018 Sep 4, 2018 Aug 13, 2018 $0.015 normal
May 25, 2018 Jun 8, 2018 May 14, 2018 $0.015 normal
Apr 12, 2018 Apr 23, 2018 Apr 2, 2018 $0.015 normal
Dec 15, 2017 Dec 29, 2017 Dec 7, 2017 $0.014 normal

Switch dividend payout ratio

What is Switch dividend payout ratio compared to the sector

Payout ratio

SWCH has a payout ratio of 8.4% which is lower than the Technology sector and the industry average. If we compare it with the Technology sector average of 27%, Switch's payout ratio is 69% lower.

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

Frequently asked questions

Does Switch pay a dividend?

Yes, Switch has paid four dividends in the last 12 months. SWCH has been paying dividends since 2017.

When is Switch's next dividend?

SWCH hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2022.

When was SWCH's last dividend?

Switch's last regular dividend was on Aug 19, 2022 (ex-date) with the amount of $0.053 per share.

How much dividend does Switch pay (per share)?

On an annual basis SWCH pays $0.21 per share.

What is Switch's dividend yield?

Switch's current dividend yield is 0.62%.

How often does Switch pay dividends?

Switch has a quarterly dividend frequency.

What is Switch's dividend payout ratio?

The dividend payout ratio of Switch is 8.4%.

Does Switch pay a good dividend?

Switch's dividend yield is below the Technology sector average.