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Smart Metering Systems plc, together with its subsidiaries, installs, operates, and manages meter and energy infrastructure assets, and related data services in the United Kingdom. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The company engages in the regulated management of gas meters, electric meters, and ADM devices. It also installs domestic, industrial, and commercial gas meters and electricity meters, as well as provides energy consultancy services. In addition, the company provides data management, gas utility connections, funding, gas and electric third-party asset management, electricity utility connections and management, engineer training and development, software development, and renewable asset management, as well as administrative services. The company was formerly known as UK Smart Metering Group Limited and changed its name to Smart Metering Systems plc in June 2011. Smart Metering Systems plc was founded in 1995 and is headquartered in Glasgow, the United Kingdom.

Smart Metering Systems Dividend Announcement

Smart Metering Systems announced a quarterly dividend of £8.32 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-04
Smart Metering Systems annual dividend for 2024 was £24.96
Smart Metering Systems annual dividend for 2023 was £31.01
Smart Metering Systems's trailing twelve-month (TTM) dividend yield is 2.62%
Smart Metering Systems's payout ratio for the trailing twelve months (TTM) is 252.79%
Smart Metering Systems's dividend growth over the last five years (2018-2023) was 41.53% year
Smart Metering Systems's dividend growth over the last ten years (2013-2023) was -7.97% year

Smart Metering Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-04£8.32quarterly2024-07-25
2024-04-04£8.32quarterly2024-04-25
2024-01-04£8.32quarterly2024-01-25
2023-10-05£8.32quarterly2023-10-26
2023-07-06£7.56quarterly2023-07-27
2023-04-06£7.56quarterly2023-04-27
2023-01-05£7.56quarterly2023-01-26
2022-10-06£7.56quarterly2022-10-28
2022-06-30£6.88quarterly2022-07-28
2022-03-31£6.88quarterly2022-04-28
2022-01-06£6.88quarterly2022-01-27
2021-09-30£6.88quarterly2021-10-28
2021-07-01£6.25quarterly2021-07-29
2021-04-01£6.25quarterly2021-04-29
2021-01-07£6.25quarterly2021-01-28
2020-10-01£6.25quarterly2020-10-29
2020-04-23£4.58quarterly2020-06-04
2019-10-24£2.30quarterly2019-11-22
2019-04-25£3.98quarterly2019-06-06
2018-10-25£2.00quarterly2018-11-23
2018-04-26£3.46quarterly2018-05-31
2017-10-19£1.74quarterly2017-11-24
2017-04-27£2.73quarterly2017-06-01
2016-10-20£1.37quarterly2016-11-25
2016-04-28£2.20quarterly2016-06-02
2015-10-15£1.10quarterly2015-11-20
2015-04-23£1.88quarterly2015-06-01
2014-10-16£94.00quarterly2014-11-21
2014-04-23£1.61quarterly2014-05-30
2013-10-16£70.00quarterly2013-11-22
2013-04-24£1.15quarterly2013-05-31

Smart Metering Systems Dividend per year

Smart Metering Systems Dividend growth

Smart Metering Systems Dividend Yield

Smart Metering Systems current trailing twelve-month (TTM) dividend yield is 2.62%. Interested in purchasing Smart Metering Systems stock? Use our calculator to estimate your expected dividend yield:

Smart Metering Systems Financial Ratios

P/E ratio85.48
PEG ratio1367.62
P/B ratio2.38
ROE2.74%
Payout ratio252.79%
Current ratio1.72
Quick ratio1.20
Cash Ratio0.45

Smart Metering Systems Dividend FAQ

How much is the next Smart Metering Systems dividend?
Smart Metering Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Smart Metering Systems dividend. The next Smart Metering Systems dividend will be released in January, April, July, or October.
When is Smart Metering Systems dividend paid?
Smart Metering Systems pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Smart Metering Systems pay?
The specific amount of Smart Metering Systems dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Smart Metering Systems's dividend history.
Does Smart Metering Systems stock pay dividends?
Yes, Smart Metering Systems does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Smart Metering Systems's dividend history.
How much dividend does Smart Metering Systems pay?
Smart Metering Systems paid £24.956 in 2024, £31.006 in 2023, £28.188 in 2022, £25.625 in 2021, and £10.83 in 2020.
How often does Smart Metering Systems pay dividends?
Smart Metering Systems typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Smart Metering Systems's dividend yield?
The current dividend yield for Smart Metering Systems is 2.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Smart Metering Systems's exact dividend yield.
When does Smart Metering Systems go ex dividend?
Smart Metering Systems's ex-dividend date for the latest dividend was on 2024-07-04. Smart Metering Systems typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Smart Metering Systems dividend paid?
Smart Metering Systems pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Smart Metering Systems increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Smart Metering Systems will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Smart Metering Systems dividend per share?
Smart Metering Systems paid £24.956 per share in 2024 and £31.006 per share in 2023. The amount of dividend per share that Smart Metering Systems pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Smart Metering Systems a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Smart Metering Systems a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Smart Metering Systems a dividend stock?
Yes, Smart Metering Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Smart Metering Systems a good dividend stock?
Whether Smart Metering Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Smart Metering Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Smart Metering Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Smart Metering Systems pay dividends monthly?
Smart Metering Systems typically pays dividends on a quarterly basis.
Does Smart Metering Systems pay dividends quarterly?
Smart Metering Systems currently pays dividends on a quarterly basis.
Has Smart Metering Systems ever paid a dividend?
Yes, Smart Metering Systems has a history of paying dividends to its shareholders. Smart Metering Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Smart Metering Systems dividend stocks?
To buy Smart Metering Systems you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Smart Metering Systems stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Smart Metering Systems pay dividends 2024?
Smart Metering Systems pays dividends on a quarterly basis. 2024 dividend payments are in 2024-07-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Smart Metering Systems increase its dividend in 2024?
Decisions regarding Smart Metering Systems dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Smart Metering Systems dividend overview you can look into the above table of dividend history.
How Smart Metering Systems dividend works?
The Smart Metering Systems dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Smart Metering Systems's dividend process works:

1. Determination of Dividend: Smart Metering Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Smart Metering Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Smart Metering Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Smart Metering Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Smart Metering Systems dividends paid?
Smart Metering Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Smart Metering Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Smart Metering Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Smart Metering Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Smart Metering Systems pay dividends?
Smart Metering Systems typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Smart Metering Systems pay dividends?
The general pattern is that Smart Metering Systems pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Smart Metering Systems dividend safe?
The safety of Smart Metering Systems's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Smart Metering Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Smart Metering Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.