Provident Financial Services Dividends and Buybacks
Dividend criteria checks 4/6
Provident Financial Services is a dividend paying company with a current yield of 4.43%. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
4.4%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 5.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €0.884 |
| Payout ratio | 98% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PQ3's dividends per share have been stable in the past 10 years.
Growing Dividend: PQ3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Provident Financial Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PQ3) | 4.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (PQ3) (up to 3 years) | 4.6% |
Notable Dividend: PQ3's dividend (4.43%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: PQ3's dividend (4.43%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.6%), PQ3's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PQ3's dividends in 3 years are forecast to be well covered by earnings (43.1% payout ratio).