Precious Shipping Dividend
Dividend criteria checks 3/6
Precious Shipping is a dividend paying company with a current yield of 2.55% that is well covered by earnings.
Key information
2.5%
Dividend yield
30%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.67 |
Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PZ9's dividend payments have been volatile in the past 10 years.
Growing Dividend: PZ9's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Precious Shipping Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PZ9) | 2.5% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Shipping) | 6.1% |
Analyst forecast in 3 Years (PZ9) | 6.2% |
Notable Dividend: PZ9's dividend (2.55%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: PZ9's dividend (2.55%) 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 (30%), PZ9's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.2%), PZ9's dividend payments are thoroughly covered by cash flows.