Palmci Dividends and Buybacks
Dividend criteria checks 3/6
Palmci is a dividend paying company with a current yield of 13.83% that is well covered by earnings.
Key information
13.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 24.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | XOF 625.896 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PALC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PALC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Palmci Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PALC) | 13.8% |
| Market Bottom 25% (CI) | 7.0% |
| Market Top 25% (CI) | 10.6% |
| Industry Average (Food) | 3.4% |
| Analyst forecast (PALC) (up to 3 years) | n/a |
Notable Dividend: PALC's dividend (13.83%) is higher than the bottom 25% of dividend payers in the CI market (6.96%).
High Dividend: PALC's dividend (13.83%) is in the top 25% of dividend payers in the CI market (10.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), PALC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PALC's cash payout ratio to determine if its dividend payments are covered by cash flows.