PennyMac Financial Services Dividends and Buybacks
Dividend criteria checks 1/6
PennyMac Financial Services is a dividend paying company with a current yield of 1.17% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 18th November, 2024.
Key information
1.2%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -5.0% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | €1.200 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1AC has been paying a dividend for less than 10 years.
Growing Dividend: 1AC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| PennyMac Financial Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1AC) | 1.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Diversified Financial) | 2.6% |
| Analyst forecast (1AC) (up to 3 years) | 1.2% |
Notable Dividend: 1AC's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 1AC's dividend (1.17%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), 1AC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1AC is paying a dividend but the company has no free cash flows.