Pet Valu Holdings Dividend

Dividend criteria checks 2/6

Pet Valu Holdings is a dividend paying company with a current yield of 1.64% that is well covered by earnings.

Key information

1.6%

Dividend yield

37%

Payout ratio

Industry average yield2.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$0.440
Earnings per shareCA$1.14
Dividend yield forecast1.8%

Recent dividend updates

Pet Valu Holdings' (TSE:PET) Dividend Will Be CA$0.11

May 21
Pet Valu Holdings' (TSE:PET) Dividend Will Be CA$0.11

Recent updates

Is Pet Valu Holdings (TSE:PET) A Risky Investment?

Oct 10
Is Pet Valu Holdings (TSE:PET) A Risky Investment?

Why You Should Care About Pet Valu Holdings' (TSE:PET) Strong Returns On Capital

Sep 10
Why You Should Care About Pet Valu Holdings' (TSE:PET) Strong Returns On Capital

Pet Valu Holdings Ltd.'s (TSE:PET) Shareholders Might Be Looking For Exit

Jul 04
Pet Valu Holdings Ltd.'s (TSE:PET) Shareholders Might Be Looking For Exit

Pet Valu Holdings' (TSE:PET) Dividend Will Be CA$0.11

May 21
Pet Valu Holdings' (TSE:PET) Dividend Will Be CA$0.11

Pet Valu Holdings Ltd. (TSE:PET) Shares Could Be 40% Below Their Intrinsic Value Estimate

Apr 08
Pet Valu Holdings Ltd. (TSE:PET) Shares Could Be 40% Below Their Intrinsic Value Estimate

Pet Valu Holdings Ltd. (TSE:PET) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Mar 08
Pet Valu Holdings Ltd. (TSE:PET) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Does Pet Valu Holdings (TSE:PET) Have A Healthy Balance Sheet?

Feb 06
Does Pet Valu Holdings (TSE:PET) Have A Healthy Balance Sheet?

Is Now The Time To Look At Buying Pet Valu Holdings Ltd. (TSE:PET)?

Jan 12
Is Now The Time To Look At Buying Pet Valu Holdings Ltd. (TSE:PET)?

Is Pet Valu Holdings Ltd. (TSE:PET) Trading At A 39% Discount?

Dec 15
Is Pet Valu Holdings Ltd. (TSE:PET) Trading At A 39% Discount?

Estimating The Fair Value Of Pet Valu Holdings Ltd. (TSE:PET)

May 10
Estimating The Fair Value Of Pet Valu Holdings Ltd. (TSE:PET)

Shareholders Are Optimistic That Pet Valu Holdings (TSE:PET) Will Multiply In Value

Mar 09
Shareholders Are Optimistic That Pet Valu Holdings (TSE:PET) Will Multiply In Value

Calculating The Fair Value Of Pet Valu Holdings Ltd. (TSE:PET)

Jan 05
Calculating The Fair Value Of Pet Valu Holdings Ltd. (TSE:PET)

We Like Pet Valu Holdings' (TSE:PET) Returns And Here's How They're Trending

Nov 09
We Like Pet Valu Holdings' (TSE:PET) Returns And Here's How They're Trending

We Ran A Stock Scan For Earnings Growth And Pet Valu Holdings (TSE:PET) Passed With Ease

Oct 17
We Ran A Stock Scan For Earnings Growth And Pet Valu Holdings (TSE:PET) Passed With Ease

Is There An Opportunity With Pet Valu Holdings Ltd.'s (TSE:PET) 35% Undervaluation?

Sep 29
Is There An Opportunity With Pet Valu Holdings Ltd.'s (TSE:PET) 35% Undervaluation?

Valu Holdings' (TSE:PET) Strong Earnings Are Of Good Quality

Aug 17
Valu Holdings' (TSE:PET) Strong Earnings Are Of Good Quality

Under The Bonnet, Valu Holdings' (TSE:PET) Returns Look Impressive

Jul 29
Under The Bonnet, Valu Holdings' (TSE:PET) Returns Look Impressive

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, PET has been paying a dividend for less than 10 years.

Growing Dividend: PET's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Pet Valu Holdings Dividend Yield vs Market
How does PET dividend yield compare to the market?
SegmentDividend Yield
Company (PET)1.6%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.8%
Industry Average (Specialty Retail)2.8%
Analyst forecast (PET) (up to 3 years)1.8%

Notable Dividend: PET's dividend (1.64%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).

High Dividend: PET's dividend (1.64%) is low compared to the top 25% of dividend payers in the Canadian market (5.79%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.6%), PET's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (29.5%), PET's dividend payments are well covered by cash flows.


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