Upcoming Signify dividend
Change(%)
+3.33%
Increase
Next payment 1.55€
Next payment date Jun 3, 2024
Last payment 1.5€
Last payment date Jun 5, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/16/24
Confirmed

Shareholders of Signify will receive 1,55 euros per share in dividends on June 3, 2024, enjoying a yield of 6.59%.

If you're interested in dividends from Signify, buy the shares before May 16, 2024; May 17, 2024 is also a factor to consider for eligibility.

May 18, 2023 was the ex-dividend date of Signify, which paid 1.5 euros on June 5, 2023.

Signify N.V., listed on the Amsterdam Stock Exchange under the symbol LIGHT, has paid dividends consecutively, with one suspension in 2015, although in 2016 in addition to paying that year's dividend they granted a special bonus as compensation, remaining stable until then.

The company's payment schedule is annual, deposited in cash with a single installment paid in the month of May or June, otherwise, with an amount calculated according to the results of the financial balance, reaching a yield of 5.70%.

Payout Ratio Signify Dividends

Signify paid 8% of its net income in the last fiscal period as dividends.
Signify's earnings (6,494,000,128.00€) are sufficient to cover the dividend payment. This payment represents 8% of the total net profit of LIGHT.
Dividend payout ratio
Payout Ratio

Dividend calendar of Signify

These are the most important events of the Signify calendar in 2024:

Event Day
Last trading date May 15, 2024
Ex-Dividend (Ex-Date) May 16, 2024
Record date May 17, 2024
Date of payment June 3, 2024
Data confirmed by the company Signify (LIGHT).
Confirmed
Source
Historical annual dividend yields of Signify
Over the past 5 years, Signify has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Signify vs. the sector
Signify's dividend yield (6.59%) is above the sector average (3.14%).
Comparison with industry average
Signify's dividend yield is among the top 25% (5.25%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Signify
Over the past 5 years, Signify has not consistently distributed dividends.
Dividend stability

Dividend history of Signify

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/18/2023
1.5 €
1.5 €
2022
05/19/2022
1.45 €
1.45 €
2021
05/20/2021
1.35 €
1.35 €
2019
05/16/2019
1.3 €
1.3 €
2018
05/17/2018
1.25 €
1.25 €
2017
05/11/2017
1.1 €
1.1 €
Signify dividend capture strategy
Step 1: Buy Signify shares (LIGHT) one day before ex-dividend date
Date of purchase May 15, 2024
Next ex-dividend date May 16, 2024
Step 2: Sell Signify shares (LIGHT) when the price recovers.
Date of sale (estimated) May 21, 2024
Average price recovery 5 days
Average return on cost 4.04%
The dividend capture strategy is based on historical Signify data. Past performance is no guarantee of future results.

Information about Signify

Full name Signify N.V.
Ticker LIGHT
Sector Industry
Industry Electrical Equipment & Parts
Market Capitalization 2.96B €
ISIN NL0011821392
Number of Employees 32,214
Description of the company

Signify N.V., a multinational organization with Dutch origins, is dedicated to the manufacture and marketing of lights, control systems and luminaires for both private and professional sectors, as a result of the separation of Philips from its Philips Lighting division.

Its beginnings are recorded from the first activities of Philips, in 1891, those who created in the Netherlands, incandescent lamps, but in 2014 announced that they had to split the organization in two to reorganize its activities, leaving one in charge of medical technology and another dedicated to LED lighting, which is realized in 2016 with the formation of Philips Lighting N.V., entering the stock exchange in Amsterdam that same year.

They changed their name to Signify in 2018, although some products continued to be marketed under the Philips brand.

Its product portfolio is mainly related to electric lighting, the loT platform and connected systems, with licenses in several brands with 70% of its sales derived from the LED system, it has more than 100 installations distributed in 51 cities, reaching more than 114 million connected light points and more than 7.5 billion Euros in 2022, positioning itself as the number one company in LED lighting; connected and conventional.

Frequently asked questions about Signify dividends

Signify is listed on the Bolsa de Amsterdam and is part of the AMX.

Signify has the Ticker or stock code LIGHT.

The CEO of Signify in 2024 is Mr. Eric H. E. Rondolat.

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