Victorian Plumbing Group Dividend
Dividend criteria checks 3/6
Victorian Plumbing Group is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.4%
Dividend yield
34%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | €0.036 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 637's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 637's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Victorian Plumbing Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (637) | 2.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.6% |
| Industry Average (Specialty Retail) | 3.7% |
| Analyst forecast in 3 Years (637) | 4.7% |
Notable Dividend: 637's dividend (2.41%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 637's dividend (2.41%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), 637's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.6%), 637's dividend payments are well covered by cash flows.