Pacific Current Group Dividend
Dividend criteria checks 2/6
Pacific Current Group is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
18%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.380 |
| Earnings per share | AU$2.11 |
| Dividend yield forecast | 5.2% |
Recent dividend updates
Recent updates
The Pacific Current Group Limited (ASX:PAC) Analyst Just Boosted Their Forecasts By A Dazzling Amount
Mar 24
What Kind Of Shareholders Hold The Majority In Pacific Current Group Limited's (ASX:PAC) Shares?
Mar 17Is Pacific Current Group Limited (ASX:PAC) A Risky Dividend Stock?
Feb 10
How Much Did Pacific Current Group's(ASX:PAC) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 19Are Insiders Buying Pacific Current Group Limited (ASX:PAC) Stock?
Dec 28What You Need To Know About Pacific Current Group Limited's (ASX:PAC) Investor Composition
Dec 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PAC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Pacific Current Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PAC) | 3.5% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Capital Markets) | 3.1% |
| Analyst forecast (PAC) (up to 3 years) | 5.2% |
Notable Dividend: PAC's dividend (3.53%) is higher than the bottom 25% of dividend payers in the Australian market (2.68%).
High Dividend: PAC's dividend (3.53%) is low compared to the top 25% of dividend payers in the Australian market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.8%), PAC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.7%), PAC's dividend payments are not well covered by cash flows.