Shyft Dividends
| SHYF Stock | USD 10.68 0.12 1.14% |
Shyft's past performance could be the main factor of why investors trade Shyft Group stock today. Investors should clearly understand every aspect of the Shyft dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Shyft's dividend schedule and payout information. Shyft Group dividends can also provide a clue to the current valuation of Shyft.
One of the primary advantages of investing in dividend-paying companies such as Shyft is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive. Shyft |
Investing in dividend-paying stocks, such as Shyft Group is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Shyft must own a stock before its ex-dividend date to receive its next dividend.
Recent Shyft Dividends Paid (per share)
Dividends Paid |
| Timeline |
Shyft Expected Dividend Income Per Share
Dividend payment represents part of Shyft's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Shyft. Shyft's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.13 Bottom Scenario | $0.13 | $0.14 Top Scenario |
One Year
Shyft Group expected dividend income per share adjusted for ongoing price standard deviation
Shyft Past Distributions to stockholders
| 16th of December 2024 | ||
| 16th of September 2024 | ||
| 17th of June 2024 | ||
| 18th of March 2024 | ||
| 15th of December 2023 | ||
| 18th of September 2023 | ||
| 20th of June 2023 | ||
| 17th of March 2023 |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.