Pettenati Industria Têxtil Dividend
Dividend criteria checks 4/6
Pettenati Industria Têxtil is a dividend paying company with a current yield of 5.28% that is well covered by earnings.
Key information
5.3%
Dividend yield
49%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$0.83 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTNT3's dividend payments have been volatile in the past 10 years.
Growing Dividend: PTNT3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Pettenati Industria Têxtil Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PTNT3) | 5.3% |
Market Bottom 25% (BR) | 2.1% |
Market Top 25% (BR) | 8.7% |
Industry Average (Luxury) | 3.7% |
Analyst forecast in 3 Years (PTNT3) | n/a |
Notable Dividend: PTNT3's dividend (5.28%) is higher than the bottom 25% of dividend payers in the BR market (2.12%).
High Dividend: PTNT3's dividend (5.28%) is low compared to the top 25% of dividend payers in the BR market (8.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.5%), PTNT3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), PTNT3's dividend payments are thoroughly covered by cash flows.