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 yield | 2.6% |
Next dividend pay date | 03 Apr 24 |
Ex dividend date | 28 Mar 24 |
Dividend per share | n/a |
Earnings per share | €0.77 |
Dividend yield forecast in 3Y | n/a |
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 |
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Segment | Dividend 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.