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Stock impact report

Sylvamo (NYSE:SLVM) Is Due To Pay A Dividend Of $0.45 [Yahoo! Finance]

Sylvamo Corporation (SLVM) 
Company Research Source: Yahoo! Finance
This means the dividend yield will be fairly typical at 3.6%. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. The last dividend was quite easily covered by Sylvamo's earnings. This means that a large portion of its earnings are being retained to grow the business. Looking forward, earnings per share is forecast to rise by 83.1% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 22%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Sylvamo Looking back, the dividend has been stable, but the company hasn't been paying a dividend for very long so we can't be confident that the dividend will remain stable through all economic environments. The dividend has gone from an annual total of $ Show less Read more
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