Groupe Partouche Dividend
Dividend criteria checks 2/6
Groupe Partouche is a dividend paying company with a current yield of 1.61% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
1.6%
Dividend yield
16%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | €1.97 |
| Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Recent updates
Here's Why Groupe Partouche SA's (EPA:PARP) CEO Compensation Is The Least Of Shareholders' Concerns
Mar 13
Why Groupe Partouche SA (EPA:PARP) Could Be Worth Watching
Jan 19Is Groupe Partouche (EPA:PARP) Weighed On By Its Debt Load?
Jul 13Here's Why It's Unlikely That Groupe Partouche SA's (EPA:PARP) CEO Will See A Pay Rise This Year
Apr 06Groupe Partouche (EPA:PARP) Share Prices Have Dropped 37% In The Last Three Years
Feb 24Are Investors Concerned With What's Going On At Groupe Partouche (EPA:PARP)?
Dec 22
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PARP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PARP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Groupe Partouche Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PARP) | 1.6% |
| Market Bottom 25% (FR) | 1.9% |
| Market Top 25% (FR) | 5.2% |
| Industry Average (Hospitality) | 3.6% |
| Analyst forecast in 3 Years (PARP) | 0% |
Notable Dividend: PARP's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.92%).
High Dividend: PARP's dividend (1.61%) is low compared to the top 25% of dividend payers in the French market (5.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.3%), PARP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.7%), PARP's dividend payments are well covered by cash flows.