SPIE SA
SPIWFIndustrials · Stock · monthly payer
Forward Yield
2.33%
Annual Dividend
$1.27
Payout Ratio
61%
5-Yr Growth
—
Ex-Date
May 11, 2026
Frequency
Monthly
Summary
As of August 2026, SPIE SA (SPIWF) yields 2.33% ($1.27 per share annually), with a blended fair-value estimate of $57.40 — +6% upside, so it screens as fairly valued. Dividend safety grade: C (50/100). 3 years of dividend growth.
Is SPIWF a good dividend stock?
MixedSPIE SA (SPIWF) pays a monthly dividend yielding 2.33% ($1.27/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 183% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 2.33%
- Payout Ratio
- 61%
- Annual Dividend
- $1.27
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 11, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 0.76
- Market Cap
- $9.2B
- P/E Ratio
- 26.4
- 5-Yr Total Return
- 183%
- 52-Week Range
- $30.81 – $62.46
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
SPIWF Price — Last 12 Months
Daily close
Price Return
1 Year
+77%
3 Years
+183%
5 Years
+183%
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?
Fairly valuedlow confidenceOur blended fair-value estimate for SPIE SA is $57.40 per share, versus a market price of $54.40. That implies the stock is roughly fairly priced.
Fair Value
$57.40
Current Price
$54.40
Gap
+6%
Margin of Safety
5%
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 -10.0% annual free-cash-flow growth. We model 4.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $2.06 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
Borderline
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 | — | $0.9018 | regular |
| May 11, 2026 | — | $0.9016 | regular |
| May 11, 2026 | — | $0.9015 | regular |
| May 11, 2026 | — | $0.9010 | regular |
| May 11, 2026 | — | $0.9007 | regular |
| May 11, 2026 | — | $0.9003 | regular |
| May 11, 2026 | — | $0.8992 | regular |
Income Calculator
At $1.27 / yr per share
