PARKEN Sport & Entertainment Dividend
Dividend criteria checks 4/6
PARKEN Sport & Entertainment is a dividend paying company with a current yield of 7.91% that is well covered by earnings. Next payment date is on 26th April, 2024 with an ex-dividend date of 24th April, 2024.
Key information
7.9%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 26 Apr 24 |
| Ex dividend date | 24 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | kr.34.20 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At PARKEN Sport & Entertainment (CPH:PARKEN)
Dec 02
Returns On Capital Are Showing Encouraging Signs At PARKEN Sport & Entertainment (CPH:PARKEN)
Aug 30Is PARKEN Sport & Entertainment (CPH:PARKEN) Using Too Much Debt?
Feb 25Is PARKEN Sport & Entertainment (CPH:PARKEN) A Risky Investment?
Sep 29Is PARKEN Sport & Entertainment (CPH:PARKEN) A Risky Investment?
Jun 13How Much Of PARKEN Sport & Entertainment A/S (CPH:PARKEN) Do Insiders Own?
Feb 03Is PARKEN Sport & Entertainment (CPH:PARKEN) Using Debt In A Risky Way?
Dec 28Shareholders Of PARKEN Sport & Entertainment (CPH:PARKEN) Must Be Happy With Their 56% Return
Nov 23
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PARKEN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PARKEN has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| PARKEN Sport & Entertainment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PARKEN) | 7.9% |
| Market Bottom 25% (DK) | 1.7% |
| Market Top 25% (DK) | 5.6% |
| Industry Average (Hospitality) | 2.9% |
| Analyst forecast in 3 Years (PARKEN) | n/a |
Notable Dividend: PARKEN's dividend (7.91%) is higher than the bottom 25% of dividend payers in the Danish market (1.69%).
High Dividend: PARKEN's dividend (7.91%) is in the top 25% of dividend payers in the Danish market (5.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), PARKEN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36%), PARKEN's dividend payments are well covered by cash flows.