Petershill Partners Dividend
Dividend criteria checks 3/6
Petershill Partners is a dividend paying company with a current yield of 5.36% that is well covered by earnings. Next payment date is on 31st October, 2024 with an ex-dividend date of 26th September, 2024.
Key information
5.4%
Dividend yield
49%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 31 Oct 24 |
| Ex dividend date | 26 Sep 24 |
| Dividend per share | UK£0.119 |
| Earnings per share | UK£0.32 |
| Dividend yield forecast | 6.1% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PHLL has been paying a dividend for less than 10 years.
Growing Dividend: PHLL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Petershill Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PHLL) | 5.4% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Capital Markets) | 2.9% |
| Analyst forecast (PHLL) (up to 3 years) | 6.1% |
Notable Dividend: PHLL's dividend (5.36%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: PHLL's dividend (5.36%) is low compared to the top 25% of dividend payers in the UK market (5.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49%), PHLL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.5%), PHLL's dividend payments are well covered by cash flows.