Proeduca Altus Dividend

Dividend criteria checks 3/6

Proeduca Altus is a dividend paying company with a current yield of 4.56% that is well covered by earnings. Next payment date is on 3rd April, 2024 with an ex-dividend date of 28th March, 2024.

Key information

4.6%

Dividend yield

71%

Payout ratio

Industry average yield2.6%
Next dividend pay date03 Apr 24
Ex dividend date28 Mar 24
Dividend per sharen/a
Earnings per share€0.77
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Is Proeduca Altus, S.A. (BME:PRO) A Risky Dividend Stock?

Feb 19
Is Proeduca Altus, S.A. (BME:PRO) A Risky Dividend Stock?

Can You Imagine How Jubilant Proeduca Altus' (BME:PRO) Shareholders Feel About Its 105% Share Price Gain?

Jan 14
Can You Imagine How Jubilant Proeduca Altus' (BME:PRO) Shareholders Feel About Its 105% Share Price Gain?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PRO has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PRO's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Proeduca Altus Dividend Yield vs Market
How does PRO dividend yield compare to the market?
SegmentDividend Yield
Company (PRO)4.6%
Market Bottom 25% (ES)2.3%
Market Top 25% (ES)6.1%
Industry Average (Consumer Services)2.6%
Analyst forecast in 3 Years (PRO)n/a

Notable Dividend: PRO's dividend (4.56%) is higher than the bottom 25% of dividend payers in the Spanish market (2.29%).

High Dividend: PRO's dividend (4.56%) is low compared to the top 25% of dividend payers in the Spanish market (6.08%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71.3%), PRO's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (68.9%), PRO's dividend payments are covered by cash flows.


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