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Smartgroup Corporation Ltd provides employee management services in Australia. It operates through Outsourced Administration (OA); Vehicle Services (VS); and Software, Distribution, and Group Services (SDGS) segments. The OA segment offers outsourced salary packaging services, novated leasing, and outsourced payroll services. The VS segment provides end-to-end fleet management services. The SDGS segment offers salary packaging software solutions; markets salary packaging debit cards; and distributes vehicle insurances and workforce management software to the healthcare industry. It serves community and charity workers in not-for-profit organizations; teachers, administrators, and support personnel in the education industry; nurses, clinicians, and auxiliary staff in the health industry; government sector; and corporate organizations. Smartgroup Corporation Ltd was founded in 1999 and is headquartered in Sydney, Australia.

Smartgroup Dividend Announcement

Smartgroup announced a semi annually dividend of A$0.17 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-06
Smartgroup annual dividend for 2024 was A$0.33
Smartgroup annual dividend for 2023 was A$0.30
Smartgroup's trailing twelve-month (TTM) dividend yield is 4.18%
Smartgroup's payout ratio for the trailing twelve months (TTM) is 93.59%
Smartgroup's dividend growth over the last five years (2018-2023) was -5.43% year

Smartgroup Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06A$0.17semi annually2024-09-23
2024-03-06A$0.16semi annually
2023-09-07A$0.15semi annually2023-09-22
2023-03-08A$0.14semi annually2023-03-23
2022-09-08A$0.17semi annually2022-09-23
2022-03-08A$0.30semi annually2022-03-23
2021-09-01A$0.17semi annually2021-09-16
2021-03-08A$0.14semi annually2021-03-23
2020-09-01A$0.17semi annually2020-09-16
2020-02-28A$0.21semi annually2020-03-16
2019-08-30A$0.21semi annually2019-09-16
2019-04-12A$0.20semi annually2019-05-06
2019-02-28A$0.21semi annually2019-03-15
2018-09-13A$0.20semi annually2018-09-28
2018-03-14A$0.18semi annually2018-03-29
2017-09-14A$0.17semi annually2017-09-29
2017-03-14A$0.15semi annually2017-03-31
2016-09-14A$0.10semi annually2016-09-30
2016-03-11A$0.09semi annually2016-03-31
2015-09-11A$0.08semi annually2015-09-30
2015-03-11A$0.06semi annually2015-03-31

Smartgroup Dividend per year

Smartgroup Dividend growth

Smartgroup Dividend Yield

Smartgroup current trailing twelve-month (TTM) dividend yield is 4.18%. Interested in purchasing Smartgroup stock? Use our calculator to estimate your expected dividend yield:

Smartgroup Financial Ratios

P/E ratio15.41
PEG ratio0.01
P/B ratio4.33
ROE27.84%
Payout ratio93.59%
Current ratio0.97
Quick ratio0.97
Cash Ratio0.79

Smartgroup Dividend FAQ

How much is the next Smartgroup dividend?
Smartgroup's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Smartgroup dividend. The next Smartgroup dividend will be released in March, or September.
When is Smartgroup dividend paid?
Smartgroup pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. 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 Smartgroup pay?
The specific amount of Smartgroup 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 Smartgroup's dividend history.
Does Smartgroup stock pay dividends?
Yes, Smartgroup 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 Smartgroup's dividend history.
How much dividend does Smartgroup pay?
Smartgroup paid A$0.335 in 2024, A$0.295 in 2023, A$0.47 in 2022, A$0.32 in 2021, and A$0.385 in 2020.
How often does Smartgroup pay dividends?
Smartgroup typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Smartgroup's dividend yield?
The current dividend yield for Smartgroup is 4.18%. 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 Smartgroup's exact dividend yield.
When does Smartgroup go ex dividend?
Smartgroup's ex-dividend date for the latest dividend was on 2024-09-06. Smartgroup 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 Smartgroup dividend paid?
Smartgroup pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Smartgroup 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 Smartgroup 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 Smartgroup dividend per share?
Smartgroup paid A$0.335 per share in 2024 and A$0.295 per share in 2023. The amount of dividend per share that Smartgroup 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 Smartgroup 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 Smartgroup 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 Smartgroup a dividend stock?
Yes, Smartgroup is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Smartgroup a good dividend stock?
Whether Smartgroup is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Smartgroup has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Smartgroup 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 Smartgroup pay dividends monthly?
Smartgroup typically pays dividends on a semi annually basis.
Does Smartgroup pay dividends quarterly?
Smartgroup currently pays dividends on a semi annually basis.
Has Smartgroup ever paid a dividend?
Yes, Smartgroup has a history of paying dividends to its shareholders. Smartgroup is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Smartgroup dividend stocks?
To buy Smartgroup 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 Smartgroup 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 Smartgroup pay dividends 2024?
Smartgroup pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-23. 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 Smartgroup increase its dividend in 2024?
Decisions regarding Smartgroup 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 Smartgroup dividend overview you can look into the above table of dividend history.
How Smartgroup dividend works?
The Smartgroup 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 Smartgroup's dividend process works:

1. Determination of Dividend: Smartgroup'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, Smartgroup 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, Smartgroup 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 Smartgroup 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 Smartgroup dividends paid?
Smartgroup dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Smartgroup 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, Smartgroup distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Smartgroup 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 Smartgroup pay dividends?
Smartgroup typically pays dividends on a semi annually 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 Smartgroup pay dividends?
The general pattern is that Smartgroup pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Smartgroup dividend safe?
The safety of Smartgroup'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 Smartgroup'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 Smartgroup'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.