SmarterDividends
SGBAF

SES S.A.

SGBAF

Communication Services · Broadcasting · Stock · semiannual payer

$4.23

Undervalued · +225% Add to Portfolio

Forward Yield

13.45%

Annual Dividend

$0.59

Payout Ratio

37%

5-Yr Growth

-8.1%

Ex-Date

Oct 13, 2026

Frequency

Semiannual

Key facts about SGBAF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 12, 2026, SES S.A. (SGBAF) has a forward dividend yield of 13.45%, based on an annual dividend of $0.59 per share and a share price of $4.23.
  • As of Oct 12, 2026, SGBAF's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
  • SGBAF last cut its regular dividend in 2025.
  • SGBAF's next ex-dividend date is Oct 13, 2026, with payment on Oct 15, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 12, 2026, SGBAF pays out 37% of its trailing 12-month earnings as dividends (its payout ratio).
  • SGBAF's dividend has shrunk at an average rate of 8.1% a year over the past five years.
  • As of Oct 12, 2026, SGBAF's 13.45% yield is 61% above its five-year average yield of 8.35%.
  • As of Oct 12, 2026, SmarterDividends' blended fair-value estimate for SGBAF is $13.75 per share, 225% above the $4.23 share price, so SGBAF screens as undervalued.
  • SES S.A. (SGBAF) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "SGBAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 12, 2026, https://smarterdividends.com/stocks/SGBAF

Summary

As of Oct 12, 2026, SES S.A. (SGBAF) yields 13.45% ($0.59 a year per share) and has a dividend safety grade of D (46/100).

Is SGBAF a good dividend stock?

Mixed

SES S.A. (SGBAF) pays a semiannual dividend yielding 13.45% ($0.59/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (37%)

Risks

  • Cut its dividend in 2025
  • Dividend has been shrinking, not growing
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
13.45%
Payout Ratio
37%
Annual Dividend
$0.59
5-Yr Avg Growth
-8.1%
Ex-Dividend Date
Oct 13, 2026
Years of Growth
0
Frequency
semiannual
Beta
0.98
Market Cap
$1.7B
P/E Ratio
—
5-Yr Total Return
-53%
52-Week Range
$4.23 – $11.40
Dividend Safety
D · 46/100
Ever Cut?
Yes (2025)
SGBAF ex-dividend date & scheduleNext ex-date Oct 13, 2026 · full ex-dividend historyView →SGBAF dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SGBAF a good dividend stock?

Mixed. SES S.A. (SGBAF) pays a semiannual dividend yielding 13.45% ($0.59/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is SGBAF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SGBAF's fair value is about $13.75 versus a $4.23 share price — so it looks undervalued (+225% vs. fair value).

Is SGBAF's dividend safe?

SGBAF has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is SGBAF's fair value?

Our blended fair-value estimate for SGBAF is about $13.75 per share, roughly 225% above the current $4.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SGBAF a buy, hold, or sell?

We don't issue formal ratings, but on the data SGBAF screens as "mixed" and undervalued. SES S.A. (SGBAF) pays a semiannual dividend yielding 13.45% ($0.59/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will SGBAF cut its dividend?

SGBAF earns a dividend-safety grade of D (46/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SGBAF pay a dividend?

Yes. SES S.A. pays a semiannual dividend of about $0.59 per share annually, a forward yield of roughly 13.45%.

What is SGBAF's dividend yield?

As of Oct 12, 2026, SGBAF's forward dividend yield is 13.45%, based on a $0.59 annual dividend and a $4.23 share price.

What is SGBAF's dividend per share?

As of Oct 12, 2026, SGBAF pays $0.59 per share per year, distributed on a semiannual basis.

What is SGBAF's dividend payout ratio?

As of Oct 12, 2026, SGBAF's payout ratio is 37% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SGBAF grown its dividend?

SGBAF does not currently have a long dividend-growth streak on record.

When is the next SGBAF ex-dividend date?

As of Oct 12, 2026, the next ex-dividend date on record for SGBAF is Oct 13, 2026.

SGBAF Dividend — 13.45% Yield, Safety & Next Ex-Date | SmarterDividends