Precious Shipping Dividend
Dividend criteria checks 5/6
Precious Shipping is a dividend paying company with a current yield of 13.06% that is well covered by earnings.
Key information
13.1%
Dividend yield
56%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.11 |
Dividend yield forecast in 3Y | 7.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NYVS's dividend payments have been volatile in the past 10 years.
Growing Dividend: NYVS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Precious Shipping Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NYVS) | 13.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Shipping) | 5.4% |
Analyst forecast in 3 Years (NYVS) | 7.4% |
Notable Dividend: NYVS's dividend (13.06%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: NYVS's dividend (13.06%) is in the top 25% of dividend payers in the German market (5.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), NYVS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), NYVS's dividend payments are covered by cash flows.