Shyft Dividend Yield from 2010 to 2024

SHYF Stock  USD 14.10  0.16  1.12%   
Shyft's Dividend Yield is decreasing over the last several years with slightly volatile swings. Dividend Yield is predicted to flatten to 0.01. Dividend Yield is a financial ratio that shows how much Shyft Group pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.01675503
Current Value
0.0107
Quarterly Volatility
0.00803777
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 6.2 M or Total Revenue of 915.8 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0107 or PTB Ratio of 2.74. Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
  
Check out the analysis of Shyft Correlation against competitors.

Latest Shyft's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Shyft Group over the last few years. Dividend Yield is Shyft Group dividend as a percentage of Shyft stock price. Shyft Group dividend yield is a measure of Shyft stock productivity, which can be interpreted as interest rate earned on an Shyft investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Shyft's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shyft's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Shyft Dividend Yield Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation61.03
Mean Deviation0.01
Median0.01
Standard Deviation0.01
Sample Variance0.000065
Range0.0305
R-Value(0.48)
Mean Square Error0.000054
R-Squared0.23
Significance0.07
Slope(0.0009)
Total Sum of Squares0.0009

Shyft Dividend Yield History

2024 0.0107
2023 0.0168
2022 0.008198
2021 0.002046
2020 0.003541
2019 0.005594
2018 0.0138

About Shyft Financial Statements

Shyft stakeholders use historical fundamental indicators, such as Shyft's Dividend Yield, to determine how well the company is positioned to perform in the future. Although Shyft investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shyft's assets and liabilities are reflected in the revenues and expenses on Shyft's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shyft Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Yield 0.02  0.01 

Currently Active Assets on Macroaxis

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out the analysis of Shyft Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.
Quarterly Earnings Growth
(0.31)
Dividend Share
0.2
Earnings Share
(0.10)
Revenue Per Share
22.898
Quarterly Revenue Growth
(0.04)
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.