Palmci Dividend
Dividend criteria checks 3/6
Palmci is a dividend paying company with a current yield of 18.24% that is well covered by earnings.
Key information
18.2%
Dividend yield
50%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | XOF1.51k |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PALC has been paying a dividend for less than 10 years.
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 |
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Segment | Dividend Yield |
---|---|
Company (PALC) | 18.2% |
Market Bottom 25% (CI) | 7.4% |
Market Top 25% (CI) | 11.2% |
Industry Average (Food) | 3.5% |
Analyst forecast in 3 Years (PALC) | n/a |
Notable Dividend: PALC's dividend (18.24%) is higher than the bottom 25% of dividend payers in the CI market (7.29%).
High Dividend: PALC's dividend (18.24%) is in the top 25% of dividend payers in the CI market (11.33%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), PALC's dividend payments are well 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.