Premier Foods Dividend
Dividend criteria checks 2/6
Premier Foods is a dividend paying company with a current yield of 0.87% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 27th June, 2024.
Key information
0.9%
Dividend yield
13%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | 26 Jul 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | €0.13 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FOJ1 has been paying a dividend for less than 10 years.
Growing Dividend: FOJ1's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Premier Foods Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FOJ1) | 0.9% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Food) | 4.1% |
Analyst forecast in 3 Years (FOJ1) | 1.8% |
Notable Dividend: FOJ1's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: FOJ1's dividend (0.87%) is low compared to the top 25% of dividend payers in the German market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.2%), FOJ1's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14%), FOJ1's dividend payments are thoroughly covered by cash flows.