Pacific Basin Shipping Dividend
Dividend criteria checks 4/6
Pacific Basin Shipping is a dividend paying company with a current yield of 4.51% that is well covered by earnings.
Key information
4.5%
Dividend yield
48%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.021 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OYD's dividend payments have been volatile in the past 10 years.
Growing Dividend: OYD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Pacific Basin Shipping Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OYD) | 4.5% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Shipping) | 6.0% |
Analyst forecast in 3 Years (OYD) | 6.8% |
Notable Dividend: OYD's dividend (4.51%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: OYD's dividend (4.51%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), OYD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.9%), OYD's dividend payments are covered by cash flows.