SPIE SA
SPIWFIndustrials · Stock · monthly payer
Forward Yield
2.24%
Annual Dividend
$1.27
Payout Ratio
101%
5-Yr Growth
—
Ex-Date
May 11, 2026
Frequency
Monthly
Summary
As of July 2026, SPIE SA (SPIWF) yields 2.24% ($1.27 per share annually), with a blended fair-value estimate of $48.17 — -15% downside, so it screens as overvalued. Dividend safety grade: D (45/100). 3 years of dividend growth.
Is SPIWF a good dividend stock?
MixedSPIE SA (SPIWF) pays a monthly dividend yielding 2.24% ($1.27/yr), with 3 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
- 195% total price return over 5 years
Risks
- Cut its dividend in 2025
- Elevated payout ratio (101%)
- Below-average dividend safety score
Key Data
- Dividend Yield
- 2.24%
- Payout Ratio
- 101%
- Annual Dividend
- $1.27
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 11, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 0.77
- Market Cap
- $9.6B
- P/E Ratio
- 47.7
- 5-Yr Total Return
- 195%
- 52-Week Range
- $30.81 – $62.46
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
SPIWF Price — Last 12 Months
Daily close
Price Return
1 Year
+84%
3 Years
+195%
5 Years
+195%
52-Week Range
$30.81 – $62.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SPIWF worth?
Overvaluedlow confidenceOur blended fair-value estimate for SPIE SA is $48.17 per share, versus a market price of $56.73. That implies 15% of downside.
Fair Value
$48.17
Current Price
$56.73
Downside
-15%
Margin of Safety
-18%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -2.6% annual free-cash-flow growth. We model 4.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $1.19 EPS, $1.27 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SPIWF Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.9081 | regular |
| May 11, 2026 | — | $0.9077 | regular |
| May 11, 2026 | — | $0.9056 | regular |
| May 11, 2026 | — | $0.9055 | regular |
| May 11, 2026 | — | $0.9039 | regular |
| May 11, 2026 | — | $0.9027 | regular |
| May 11, 2026 | — | $0.9026 | regular |
| May 11, 2026 | — | $0.9016 | regular |
| May 11, 2026 | — | $0.9010 | regular |
| May 11, 2026 | — | $0.8991 | regular |
| May 11, 2026 | — | $0.8990 | regular |
| May 11, 2026 | — | $0.8986 | regular |
| May 11, 2026 | — | $0.8947 | regular |
| May 11, 2026 | — | $0.8946 | regular |
Income Calculator
At $1.27 / yr per share
