In this section of the page, you will find all the information you need to understand how Symrise (SY1) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Symrise dividend
Change(%)
-10.48%
Decrease
Next payment 0.94€
Next payment date May 10, 2024
Last payment 1.05€
Last payment date May 15, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/6/24
Estimated

Symrise will distribute 0,94 euros per share in the form of a dividend on May 10, 2024.

The May 6, 2024 is the ex-dividend date. So if you wish to receive Symrise dividends, you must buy one day before this date.

Symrise distributed 1.05 euros per share in the form of a dividend 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 6% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Symrise's earnings (4,771,816,960.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of SY1.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Symrise

This is the Dividend Calendar of Symrise in 2023.

Event Day
Last trading date May 3, 2024
Ex-Dividend (Ex-Date) May 6, 2024
Record date May 9, 2024
Date of payment May 10, 2024
Dividends schedule Symrise
Data pending official confirmation from the company Symrise (SY1).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Symrise

Over the past 5 years, Symrise has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Symrise vs. the sector

Symrise's dividend yield (1.03%) is below the sector average (4.97%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Symrise's dividend yield is below the top 75% (2.94%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Symrise

Over the past 5 years, Symrise's annual dividend income has fallen by more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Symrise

In this table you can see the dividend history of Symrise:

YearEx-DividendAmountTotal
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
05/07/2020
0.95 €
0.95 €
1.9 €
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 €
Dividend history of Symrise

Symrise dividend capture strategy

Step 1: Buy Symrise shares (SY1) one day before ex-dividend date
Date of purchase May 3, 2024
Next ex-dividend date May 6, 2024
Step 2: Sell Symrise shares (SY1) when the price recovers.
Date of sale (estimated) May 17, 2024
Average price recovery 11 days
Average return on cost 0.96%
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 14.17B €
ISIN N/A
Number of Employees 12,265
Address MUehlenfeldstrasse 1, Konzernkommunikation, Holzminden, 37603, Germany
Phone 49 55 31 90 0
Website https://www.symrise.com
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 Annual basis.

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

Symrise has the Ticker or stock code SY1.

Symrise belongs to the Basic Materials sector and the Specialty Chemicals industry.

The CEO of Symrise in 2023 is Dr. Heinz-Jurgen Bertram Ph.D..

At this moment, the value of a Symrise share is 101.40€.

Symrise does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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