Pettenati Industria Têxtil Dividend
Dividend criteria checks 4/6
Pettenati Industria Têxtil is a dividend paying company with a current yield of 6.85% that is well covered by earnings.
Key information
6.8%
Dividend yield
62%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R$0.65 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTNT4's dividend payments have been volatile in the past 10 years.
Growing Dividend: PTNT4'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 (PTNT4) | 6.8% |
Market Bottom 25% (BR) | 2.5% |
Market Top 25% (BR) | 9.0% |
Industry Average (Luxury) | 4.0% |
Analyst forecast in 3 Years (PTNT4) | n/a |
Notable Dividend: PTNT4's dividend (6.85%) is higher than the bottom 25% of dividend payers in the BR market (2.49%).
High Dividend: PTNT4's dividend (6.85%) is low compared to the top 25% of dividend payers in the BR market (9.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.6%), PTNT4's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.4%), PTNT4's dividend payments are well covered by cash flows.