Purmo Group Oyj Dividend
Dividend criteria checks 2/6
Purmo Group Oyj is a dividend paying company with a current yield of 3.23%. Next payment date is on 25th October, 2024 with an ex-dividend date of 17th October, 2024.
Key information
3.2%
Dividend yield
-151%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 17 Oct 24 |
| Dividend per share | €0.360 |
| Earnings per share | -€0.24 |
| Dividend yield forecast | 3.9% |
Recent dividend updates
Purmo Group Oyj (HEL:PURMO) Will Pay A Dividend Of €0.09
Apr 10
Purmo Group Oyj (HEL:PURMO) Has Affirmed Its Dividend Of €0.09
Mar 16Recent updates
Estimating The Intrinsic Value Of Purmo Group Oyj (HEL:PURMO)
Jul 16Purmo Group Oyj (HEL:PURMO) Will Pay A Dividend Of €0.09
Apr 10Purmo Group Oyj (HEL:PURMO) Has Affirmed Its Dividend Of €0.09
Mar 16Purmo Group Oyj Just Recorded A 129% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 29Purmo Group Oyj's (HEL:PURMO) Robust Earnings Are Supported By Other Strong Factors
Mar 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PURMO has been paying a dividend for less than 10 years.
Growing Dividend: PURMO has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Purmo Group Oyj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PURMO) | 3.2% |
| Market Bottom 25% (FI) | 3.0% |
| Market Top 25% (FI) | 6.1% |
| Industry Average (Consumer Durables) | 3.7% |
| Analyst forecast (PURMO) (up to 3 years) | 3.9% |
Notable Dividend: PURMO's dividend (3.23%) is higher than the bottom 25% of dividend payers in the Finnish market (2.94%).
High Dividend: PURMO's dividend (3.23%) is low compared to the top 25% of dividend payers in the Finnish market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: PURMO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.9%), PURMO's dividend payments are covered by cash flows.