Public Power is a dividend paying company with a current yield of 2.13% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 22nd July, 2024.
Key information
2.1%
Dividend yield
22%
Payout ratio
Industry average yield
5.4%
Next dividend pay date
26 Jul 24
Ex dividend date
22 Jul 24
Dividend per share
n/a
Earnings per share
€1.15
Dividend yield forecast in 3Y
8.4%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PU8 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PU8's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Public Power Dividend Yield vs Market
How does PU8 dividend yield compare to the market?
Segment
Dividend Yield
Company (PU8)
2.1%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Electric Utilities)
5.4%
Analyst forecast in 3 Years (PU8)
8.4%
Notable Dividend: PU8's dividend (2.13%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: PU8's dividend (2.13%) is low compared to the top 25% of dividend payers in the German market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), PU8's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9%), PU8's dividend payments are thoroughly covered by cash flows.