Probiotec Dividend
Dividend criteria checks 1/6
Probiotec is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
65%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.11 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PBP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PBP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Probiotec Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PBP) | 2.3% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Pharmaceuticals) | 2.2% |
Analyst forecast in 3 Years (PBP) | 3.2% |
Notable Dividend: PBP's dividend (2.3%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: PBP's dividend (2.3%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), PBP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.9%), PBP's dividend payments are not well covered by cash flows.