About The Singing Machine Company, Inc. (SMDM) — Dividend Analysis 2026
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, Asia, and Australia. It offers karaoke products under the flagship brand Singing Machine; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for Singing Machine hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. It operates in North America, Europe, Asia, and Australia. The Singing Machine Company, Inc. was founded in 1982 and is headquartered in Fort Lauderdale, Florida.
Is SMDM a good dividend investment in 2026?
SMDM offers a 1072.39% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
SMDM DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your SMDM portfolio grows to $1702.26M vs $11.31M without reinvestment. This is the compound interest effect in action.
SMDM dividend growth history & forecast
SMDM has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1072.39%.
Company generates negative FCF ($-9M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum+0.0B → -0.0B → -0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
15
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 SMDM Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SMDM.
Gross yield
1072.39%
Tax rate
15.00%
After-tax yield
911.53%
Real yield (−CPI)
908.73%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1072.39%
1069.59%
$107,239 / yr
🇺🇸 US Taxable (15%) ✓
15%
911.53%
908.73%
$91,153 / yr
🇺🇸 US Taxable (20%)
20%
857.91%
855.11%
$85,791 / yr
🇬🇧 UK ISA
0%
1072.39%
1069.59%
$107,239 / yr
🇬🇧 UK Taxable
8.75%
978.56%
975.76%
$97,856 / yr
🇨🇦 TFSA
0%
1072.39%
1069.59%
$107,239 / yr
🇨🇦 CA Taxable
25%
804.29%
801.49%
$80,429 / yr
🇦🇺 Super (pension)
15%
911.53%
908.73%
$91,153 / yr
🇦🇺 AU Taxable
30%
750.67%
747.87%
$75,067 / yr
🇩🇪 DE Taxable
26.375%
789.55%
786.75%
$78,955 / yr
🇫🇷 FR Taxable
30%
750.67%
747.87%
$75,067 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 SMDM Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your SMDM investment of $0.19/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$53.84M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$53.84M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in SMDM for:
Shares needed
14,118
Capital required
$2,633
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 SMDM Dividend Payment Schedule
SMDM pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 SMDM vs Technology Benchmarks
How SMDM compares to typical Technology averages.
Benchmark: Technology
Dividend Yield▲+1070.99% vs sectorBetter
SMDM
1072.39%
avg
1.40%
5Y Dividend CAGR▼-9.40% vs sectorBelow avg
SMDM
0.00%
avg
9.40%
Payout Ratio▼+22.00% vs sectorBelow avg
SMDM
50.00%
avg
28.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for SMDM sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ SMDM Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Boyko Eric
director:
A-Award
2022-05-24
100,000
$4.00
$400.0K
KLING JOSEPH
director
J-Other
2020-11-04
20,000
$0.29
$5.8K
JUDKOWITZ HARVEY
director
J-Other
2020-11-04
20,000
$0.29
$5.8K
MARQUIS LIONEL
officer: CFO
M-Exempt
2020-10-31
120,000
$0.06
$7.2K
MARQUIS LIONEL
officer: CFO
M-Exempt
2020-10-31
120,000
$0.06
$7.2K
ATKINSON GARY KEVIN
officer: CEO
M-Exempt
2020-10-31
120,000
$0.06
$7.2K
ATKINSON GARY KEVIN
officer: CEO
M-Exempt
2020-10-31
120,000
$0.06
$7.2K
KLING JOSEPH
director
J-Other
2019-04-01
20,000
$0.38
$7.6K
JUDKOWITZ HARVEY
director
J-Other
2019-04-01
20,000
$0.38
$7.6K
KLING JOSEPH
director
J-Other
2018-04-01
20,000
$0.55
$11.0K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🌍
Geographic Revenue Breakdown
Where SMDM earns its money
North America94%
Europe5%
SOUTH AFRICA1%
AUSTRALIA0%
💡 International revenue may have additional withholding tax implications for non-US investors. Check your country's tax treaty with the US before investing.
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the SMDM dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →