Propel Holdings Dividend
Dividend criteria checks 2/6
Propel Holdings is a dividend paying company with a current yield of 2.12% that is well covered by earnings.
Key information
2.1%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.81 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Propel Holdings (TSE:PRL) Is Due To Pay A Dividend Of $0.10
Aug 15
Propel Holdings (TSE:PRL) Is Increasing Its Dividend To $0.10
May 14Recent updates
Investors Appear Satisfied With Propel Holdings Inc.'s (TSE:PRL) Prospects As Shares Rocket 40%
Apr 19We Ran A Stock Scan For Earnings Growth And Propel Holdings (TSE:PRL) Passed With Ease
Jan 16Here's Why Propel Holdings (TSE:PRL) Has Caught The Eye Of Investors
Oct 06Propel Holdings (TSE:PRL) Is Due To Pay A Dividend Of $0.10
Aug 15Here's Why We Think Propel Holdings (TSE:PRL) Might Deserve Your Attention Today
Jul 06Propel Holdings (TSE:PRL) Is Increasing Its Dividend To $0.10
May 14Propel Holdings (TSE:PRL) Has Announced A Dividend Of $0.095
Feb 13Propel Holdings Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 24Propel Holdings Inc.'s (TSE:PRL) Price In Tune With Earnings
Jan 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Propel Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRL) | 2.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Consumer Finance) | 2.1% |
| Analyst forecast in 3 Years (PRL) | 2.6% |
Notable Dividend: PRL's dividend (2.12%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: PRL's dividend (2.12%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), PRL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PRL is paying a dividend but the company has no free cash flows.