Pettenati Industria Têxtil Dividends and Buybacks
Dividend criteria checks 4/6
Pettenati Industria Têxtil is a dividend paying company with a current yield of 5.1% that is well covered by earnings. Next payment date is on 31st May, 2025 with an ex-dividend date of 30th October, 2024.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.7% |
| Next dividend pay date | 31 May 25 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | R$0.331 |
| Payout ratio | 83% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTNT4) | 5.1% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Luxury) | 4.4% |
| Analyst forecast (PTNT4) (up to 3 years) | n/a |
Notable Dividend: PTNT4's dividend (5.1%) is higher than the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: PTNT4's dividend (5.1%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.7%), PTNT4's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.8%), PTNT4's dividend payments are well covered by cash flows.