Pinnacle Investment Management Group Dividend
Dividend criteria checks 2/6
Pinnacle Investment Management Group is a dividend paying company with a current yield of 3.19%.
Key information
3.2%
Dividend yield
92%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.38 |
| Dividend yield forecast in 3Y | 4.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PNI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PNI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Pinnacle Investment Management Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PNI) | 3.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Capital Markets) | 3.8% |
| Analyst forecast in 3 Years (PNI) | 4.2% |
Notable Dividend: PNI's dividend (3.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: PNI's dividend (3.19%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.3%), PNI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.3%), PNI's dividend payments are covered by cash flows.