Western Pacific Trust Dividend
Dividend criteria checks 3/6
Western Pacific Trust is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
36%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.014 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Western Pacific Trust Company (CVE:WP) Doing What It Can To Lift Shares
Mar 15Investors Continue Waiting On Sidelines For Western Pacific Trust Company (CVE:WP)
Aug 29Here's Why We Think Western Pacific Trust (CVE:WP) Might Deserve Your Attention Today
Feb 01Here's Why We Think Western Pacific Trust (CVE:WP) Is Well Worth Watching
Apr 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether WP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if WP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Western Pacific Trust Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (WP) | 2.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (WP) | n/a |
Notable Dividend: WP's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: WP's dividend (2.94%) 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 (36.4%), WP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.7%), WP's dividend payments are well covered by cash flows.