PAX Global Technology is a dividend paying company with a current yield of 7.08% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
7.1%
Dividend yield
41%
Payout ratio
Industry average yield
1.9%
Next dividend pay date
27 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
€1.08
Dividend yield forecast in 3Y
10.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, P8X has been paying a dividend for less than 10 years.
Growing Dividend: P8X's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
PAX Global Technology Dividend Yield vs Market
How does P8X dividend yield compare to the market?
Segment
Dividend Yield
Company (P8X)
7.1%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Electronic)
1.9%
Analyst forecast in 3 Years (P8X)
10.7%
Notable Dividend: P8X's dividend (7.08%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: P8X's dividend (7.08%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), P8X's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (177.8%), P8X's dividend payments are not well covered by cash flows.