Latest news with #yield
Zawya
a day ago
- Business
- Zawya
Oman's central bank issues treasury bills worth $57mln
Muscat: Oman's central bank raised OMR22 million by way of allotting treasury bills on Monday. The value of the treasury bills are for a maturity period of 91 days. The average accepted price reached OMR98.933 for every OMR100, and the minimum accepted price arrived at OMR98.930 per OMR100. The average discount rate and the average yield reached 4.27900% and 4.32514%, respectively. Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides theadded advantage of ready liquidity through discounting and repurchase facilities (Repo). It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%. Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures. © Muscat Media Group Provided by SyndiGate Media Inc. (
Yahoo
3 days ago
- Business
- Yahoo
SATS' (SGX:S58) Upcoming Dividend Will Be Larger Than Last Year's
SATS Ltd.'s (SGX:S58) dividend will be increasing from last year's payment of the same period to SGD0.035 on 15th of August. Although the dividend is now higher, the yield is only 2.1%, which is below the industry average. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. SATS' Future Dividend Projections Appear Well Covered By Earnings The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. However, prior to this announcement, SATS' dividend was comfortably covered by both cash flow and earnings. This means that most of what the business earns is being used to help it grow. Looking forward, earnings per share is forecast to rise by 52.0% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 18% by next year, which is in a pretty sustainable range. View our latest analysis for SATS Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. The dividend has gone from an annual total of SGD0.13 in 2015 to the most recent total annual payment of SGD0.07. This works out to be a decline of approximately 6.0% per year over that time. A company that decreases its dividend over time generally isn't what we are looking for. The Dividend's Growth Prospects Are Limited Given that the track record hasn't been stellar, we really want to see earnings per share growing over time. Although it's important to note that SATS' earnings per share has basically not grown from where it was five years ago, which could erode the purchasing power of the dividend over time. While EPS growth is quite low, SATS has the option to increase the payout ratio to return more cash to shareholders. In Summary In summary, it's great to see that the company can raise the dividend and keep it in a sustainable range. The payout ratio looks good, but unfortunately the company's dividend track record isn't stellar. The payment isn't stellar, but it could make a decent addition to a dividend portfolio. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've picked out 1 warning sign for SATS that investors should know about before committing capital to this stock. Is SATS not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Zigup (LON:ZIG) Is Increasing Its Dividend To £0.176
The board of Zigup Plc (LON:ZIG) has announced that the dividend on 30th of September will be increased to £0.176, which will be 0.6% higher than last year's payment of £0.175 which covered the same period. This makes the dividend yield 7.8%, which is above the industry average. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Zigup's Future Dividend Projections Appear Well Covered By Earnings Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Before making this announcement, Zigup was paying out quite a large proportion of both earnings and cash flow, with the dividend being 2,579% of cash flows. Paying out such a high proportion of cash flows can expose the business to needing to cut the dividend if the business runs into some challenges. Looking forward, earnings per share is forecast to rise by 28.4% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 61% by next year, which is in a pretty sustainable range. See our latest analysis for Zigup Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2015, the dividend has gone from £0.145 total annually to £0.264. This means that it has been growing its distributions at 6.2% per annum over that time. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. The Dividend Looks Likely To Grow With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Zigup has impressed us by growing EPS at 48% per year over the past five years. However, Zigup isn't reinvesting a lot back into the business, so we wonder how quickly it will be able to grow in the future. Our Thoughts On Zigup's Dividend Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. While Zigup is earning enough to cover the payments, the cash flows are lacking. We would probably look elsewhere for an income investment. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. To that end, Zigup has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
6 days ago
- Business
- Bloomberg
China's 30-Year Bond Auction Draws Highest Yield Since March
China's 30-year government bond auction on Thursday drew its highest yield since March, as risk sentiment improved and concerns over further losses cooled demand for debt. The Ministry of Finance sold the 30-year special sovereign notes at an average yield of 1.97% on Thursday, according to traders who bid at the 83 billion yuan ($11.6 billion) offering. That's the highest level since March in auctions on the tenor, Bloomberg-compiled data showed.
Bloomberg
23-07-2025
- Business
- Bloomberg
Treasuries Fall as Haven Appeal Wanes on US-Japan Trade Deal
By Updated on Save Treasuries were poised to end a five-day streak of gains Wednesday as demand for havens waned after the US inked a trade deal with Japan. The yield on US 10-year debt rose three basis points to 4.38%, halting a week-long slide. Germany's benchmark borrowing costs were three basis points higher at 2.62% ahead of a sale of 10-year debt while UK equivalents were five basis points up at 4.62% following a sale of 15-year securities.
