The Shyft Group Inc (SHYF) Dividends
SHYF Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $11.00 | $2.67 | -93.16% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for SHYF, the DDM model, as implemented by StockNews, implies a negative return of 93.16% relative to its current price. To help understand and contextualize the model's evaluation of SHYF, investors may wish to consider are:
- Given its market cap of around 1 billion US dollars, its dividend yield of 0.51 is greater than 2.98% of its fellow stocks in the small market cap class.
- Amongst its dividend-issuing peers in the small-sized market cap category, SHYF's beta -- a measure of volatility relative to the market at large -- is lower than 7.45% of them.
- Regarding its relative worth based on the dividend discount model, SHYF's provides a return of -93.16% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 3.48% of all stocks we measured with our dividend discount model.
SHYF Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-15 | Dividend | $0.05 | -- |
| 2023-11-15 | Dividend | $0.05 | -- |
| 2023-08-16 | Dividend | $0.05 | -- |
| 2023-05-16 | Dividend | $0.05 | -- |
| 2023-02-16 | Dividend | $0.05 | -- |
| 2022-11-15 | Dividend | $0.05 | -- |
| 2022-08-16 | Dividend | $0.05 | -- |
| 2022-05-16 | Dividend | $0.05 | -- |
| 2022-02-16 | Dividend | $0.05 | +100.00% |
| 2021-11-15 | Dividend | $0.03 | -- |
| 2021-08-17 | Dividend | $0.03 | -- |
| 2021-05-17 | Dividend | $0.03 | -- |
| 2021-02-24 | Dividend | $0.03 | -- |
| 2020-11-17 | Dividend | $0.03 | -- |
| 2020-08-17 | Dividend | $0.03 | -50.00% |
| 2020-05-15 | Dividend | $0.05 | -- |
| 2019-11-13 | Dividend | $0.05 | -- |
| 2019-05-16 | Dividend | $0.05 | -- |
| 2018-11-13 | Dividend | $0.05 | -- |
| 2018-05-14 | Dividend | $0.05 | -- |
| 2017-11-14 | Dividend | $0.05 | -- |
| 2017-05-11 | Dividend | $0.05 | -- |
| 2016-11-10 | Dividend | $0.05 | -- |
| 2016-05-17 | Dividend | $0.05 | -- |
| 2015-11-09 | Dividend | $0.05 | -- |
| 2015-05-19 | Dividend | $0.05 | -- |
| 2014-11-10 | Dividend | $0.05 | -- |
| 2014-05-13 | Dividend | $0.05 | -- |
| 2013-11-12 | Dividend | $0.05 | -- |
| 2013-05-21 | Dividend | $0.05 | -- |
| 2012-11-06 | Dividend | $0.05 | -- |
| 2012-05-08 | Dividend | $0.05 | -- |
| 2011-11-08 | Dividend | $0.05 | -- |
| 2011-05-10 | Dividend | $0.05 | -- |
| 2010-11-08 | Dividend | $0.05 | -- |
| 2010-05-11 | Dividend | $0.05 | -- |
| 2009-11-12 | Dividend | $0.05 | -37.50% |
| 2009-04-13 | Dividend | $0.08 | +60.00% |
| 2008-11-13 | Dividend | $0.05 | -- |
| 2008-05-14 | Dividend | $0.05 | -37.50% |
| 2007-11-09 | Dividend | $0.08 | +200.00% |
| 2007-06-29 | Split | 3-2-for-1 Stock Split | N/A |
| 2007-05-11 | Dividend | $0.08 | +50.00% |
| 2006-12-18 | Split | 3-2-for-1 Stock Split | N/A |
| 2006-11-13 | Dividend | $0.16 | +45.45% |
| 2006-05-11 | Dividend | $0.11 | -26.67% |
| 2005-11-10 | Dividend | $0.15 | +36.36% |
| 2005-05-11 | Dividend | $0.11 | -21.43% |
| 2004-11-10 | Dividend | $0.14 | +75.00% |
| 2004-05-12 | Dividend | $0.08 | -46.67% |
| 2003-11-12 | Dividend | $0.15 | +200.00% |
| 2003-05-14 | Dividend | $0.05 | -16.67% |
| 2002-10-23 | Dividend | $0.06 | -40.00% |
| 2002-05-23 | Dividend | $0.10 | +42.86% |
| 2001-06-05 | Dividend | $0.07 | -- |
| 2001-05-24 | Dividend | $0.07 | -- |
| 2000-06-05 | Dividend | $0.07 | -- |
| 2000-05-26 | Dividend | $0.07 | -- |
| 1999-05-26 | Dividend | $0.07 | -- |
| 1998-05-27 | Dividend | $0.07 | +288.89% |
| 1998-04-16 | Dividend | $0.02 | -74.29% |
| 1997-04-15 | Dividend | $0.07 | +483.33% |
| 1997-03-25 | Dividend | $0.01 | -76.00% |
| 1996-03-25 | Dividend | $0.05 | -- |
| 1995-06-02 | Dividend | $0.05 | -- |
| 1994-06-13 | Dividend | $0.05 | -- |
| 1993-07-09 | Dividend | $0.05 | -- |
| 1992-06-22 | Dividend | $0.05 | -- |
| 1991-06-17 | Dividend | $0.05 | -- |
| 1990-08-09 | Dividend | $0.05 | -- |
| 1989-06-15 | Dividend | $0.05 | -- |
SHYF Dividends vs. Peers
SHYF's dividend yield currently ranks #107 of 120 vs. its peers in the Industrial - Services category.