Groupe Partouche is a dividend paying company with a current yield of 1.6% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
1.6%
Dividend yield
16%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
16 May 24
Ex dividend date
14 May 24
Dividend per share
n/a
Earnings per share
€1.97
Dividend yield forecast in 3Y
0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PZ21's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PZ21's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Groupe Partouche Dividend Yield vs Market
How does PZ21 dividend yield compare to the market?
Segment
Dividend Yield
Company (PZ21)
1.6%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Hospitality)
3.0%
Analyst forecast in 3 Years (PZ21)
0%
Notable Dividend: PZ21's dividend (1.6%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: PZ21's dividend (1.6%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.3%), PZ21's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.7%), PZ21's dividend payments are well covered by cash flows.