Upcoming Symrise dividend
Change(%)
+4.76%
Increase
Next payment 1.1€
Next payment date May 21, 2024
Last payment 1.05€
Last payment date May 15, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/16/24
Confirmed

Symrise will pay its shareholders a dividend of 1,1 euros per share on May 21, 2024, as announced.

Shareholders of Symrise who wish to receive dividends must buy before May 16, 2024 and ensure they are on the records before the Record Date, May 17, 2024.

A dividend of 1.05 euros was paid by Symrise to its shareholders on May 15, 2023.

Symrise AG Inh O.N., listed on the stock market in Germany, Mexico, United States, United Kingdom and Austria, being recognized with the stock exchange symbol SY1, began to deliver dividends to its investors in 2008, showing a track record of more than fifteen years fulfilling the commitment without registering any suspension.

The amount has been calculated based on the company's financial results, being slightly higher in each period, almost always paid in the month of May, in a single installment, reaching a profitability approaching 1%.

Payout Ratio Symrise Dividends

Symrise paid 4% of its net income in the last fiscal period as dividends.
Symrise's earnings (4,730,186,752.00€) are sufficient to cover the dividend payment. This payment represents 4% of the total net profit of SY1.
Dividend payout ratio
Payout Ratio

Dividend calendar of Symrise

These are the most important events of the Symrise 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 May 21, 2024
Data confirmed by the company Symrise (SY1).
Confirmed
Source
Historical annual dividend yields of Symrise
Over the past 5 years, Symrise has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Symrise vs. the sector
Symrise's dividend yield (0.96%) is below the sector average (4.55%).
Comparison with industry average
Symrise's dividend yield is below the top 75% (2.60%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Symrise
In the last 5 years, Symrise's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Symrise

In this table you can see the complete history:

YearEx-DividendAmountTotal
2024
05/16/2024
1.1 €
1.1 €
2023
05/11/2023
1.05 €
1.05 €
2022
05/04/2022
1.02 €
1.02 €
2021
05/06/2021
0.97 €
0.97 €
2020
06/18/2020
0.95 €
0.95 €
2019
05/23/2019
0.9 €
0.9 €
2018
05/17/2018
0.88 €
0.88 €
2017
05/18/2017
0.85 €
0.85 €
2016
05/12/2016
0.8 €
0.8 €
2015
05/13/2015
0.75 €
0.75 €
2014
05/15/2014
0.7 €
0.7 €
2013
05/15/2013
0.65 €
0.65 €
2012
05/16/2012
0.620034 €
0.620034 €
2011
05/19/2011
0.6 €
0.6 €
2010
05/12/2010
0.5 €
0.5 €
2009
05/12/2009
0.5 €
0.5 €
2008
04/30/2008
0.5 €
0.5 €
Symrise dividend capture strategy
Step 1: Buy Symrise shares (SY1) one day before ex-dividend date
Date of purchase May 15, 2024
Next ex-dividend date May 16, 2024
Step 2: Sell Symrise shares (SY1) when the price recovers.
Date of sale (estimated) May 16, 2024
Average price recovery 0 days
Average return on cost N/A
The dividend capture strategy is based on historical Symrise data. Past performance is no guarantee of future results.

Information about Symrise

Full name Symrise AG
Ticker SY1
Sector Basic Materials
Industry Specialty Chemicals
Market Capitalization 16.07B €
ISIN DE000SYM9999
Number of Employees 12,656
Description of the company

Symrise AG Inh O.N., a German-based company working in the chemical industry, specialized in the production of flavors and fragrances, natural nutrition and cosmetic ingredients, is considered the fourth largest company in the world in its sector, with more than 35 thousand products in its portfolio, offered to more than 6 thousand direct customers, located in more than 150 countries.

It was founded in 2003, following a merger between Dragoco and one of Bayer's subsidiaries, Haarmann & Reimer (H&R). Two years later, a series of acquisitions began, including Flavors Direct, Kaden Biochemicals GmbH, Belmay Fragrances, Diana Group and Sensient Technologies Corporation.

This strategy allowed the company to diversify its activities into sectors such as the manufacture of compound flavors and seasonings, production of special botanical extracts, fragrances, natural flavors and pet food solutions.

Its components are applied to everyday consumer products, from the menthol flavor of toothpaste, to some fragrances incorporated into well-known perfumes, and it even manufactures ingredients that are used in food, pet treats and beverages.

They are characterized by constantly innovating to stay at the forefront of current trends, dividing their activities into two segments, (Flavor, nutrition and health) and (Aroma and care), with 71 patents filed in 2022 alone, they have recorded in that year more than 4billion euros in revenues.

Frequently asked questions about Symrise dividends

Symrise pays dividends on a Anual basis.

Symrise is listed on the Bolsa de Fráncfort and is part of the DAX40.

Symrise has the Ticker or stock code SY1.

The CEO of Symrise in 2024 is Dr. Jean-Yves Parisot.

Symrise has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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