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Bytes Technology Group (BYIT) Dividend Yield, Date & History

Bytes Technology Group logo
GBX 425.40 -0.20 (-0.05%)
(As of 12/20/2024 12:40 PM ET)

Bytes Technology Group Dividend Summary

Dividend Yield
2.12%
Annual Dividend
GBX 9
Recent
Dividend Payment
Nov. 22
Dividend Payout Ratio
4,736.84%

Bytes Technology Group (BYIT) pays an annual dividend of GBX 9 per share, with a dividend yield of 2.12%. The next payment of GBX 3.10 per share was paid on Friday, November 22, to investors who owned the stock before the ex-dividend date of Thursday, November 7. The company currently pays out 4,736.84% of its earnings and 56.43% of its cash flow as dividends.

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BYIT Dividend Payments by Quarter

The chart below displays up to four years of Bytes Technology Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

BYIT Dividend Yield Over Time

The chart below tracks Bytes Technology Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Bytes Technology Group vs. The Competition

Compare Bytes Technology Group's annual dividend, yield, and 3-year growth rate with averages for Computer and LON companies to evaluate its performance against the market.

TypeBytes Technology GroupComputer CompaniesLON Companies
Annual DividendGBX 9GBX 0.03GBX 26.16
Dividend Yield2.12%2.78%10.60%

Bytes Technology Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings4,736.84%
Based on This Year's Estimate79.32%
Based on Cashflow56.43%

Bytes Technology Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/15/2024GBX 3.10-GBX 11.60
78.91%
0.65%11/7/202411/7/202411/22/2024
5/23/2024GBX 14.70+GBX 12
444.44%
2.58%7/18/20247/18/20248/2/2024
10/25/2023GBX 2.70-GBX 9.90
78.57%
0.59%11/16/202311/16/202312/1/2023
5/23/2023GBX 12.60+GBX 10.20
425.00%
2.81%7/20/20237/20/20238/4/2023

This table shows Bytes Technology Group's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Bytes Technology Group Dividend - Frequently Asked Questions

The current dividend yield for Bytes Technology Group is 2.12%. Learn more on BYIT's dividend yield history.

The annual dividend for BYIT shares is GBX 9. Learn more on BYIT's annual dividend history.

Bytes Technology Group's most recent dividend payment of GBX 3.10 per share was made to shareholders on Friday, November 22, 2024.

Bytes Technology Group's most recent ex-dividend date was Thursday, November 7, 2024.

The most recent change in the company's dividend was a decrease of GBX 11.60 on Tuesday, October 15, 2024.

The dividend payout ratio for BYIT is:
  • 4,736.84% based on the trailing year of earnings
  • 79.32% based on this year's estimates
  • 56.43% based on cash flow

Bytes Technology Group's dividend yield of 1.72% is lower than the average Computer and Technology company that issues a dividend. Bytes Technology Group's dividend payout ratio of 4,736.84% may not be sustainable.

Looking at the stock as a whole, market analysts rate Bytes Technology Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (LON:BYIT) was last updated on 12/21/2024 by MarketBeat.com Staff
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