ProCredit Holding is a dividend paying company with a current yield of 6.85% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 5th June, 2024.
Key information
6.9%
Dividend yield
33%
Payout ratio
Industry average yield
6.2%
Next dividend pay date
07 Jun 24
Ex dividend date
05 Jun 24
Dividend per share
n/a
Earnings per share
€1.92
Dividend yield forecast in 3Y
8.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0RL9 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0RL9's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
ProCredit Holding Dividend Yield vs Market
How does 0RL9 dividend yield compare to the market?
Segment
Dividend Yield
Company (0RL9)
6.9%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Banks)
6.2%
Analyst forecast in 3 Years (0RL9)
8.7%
Notable Dividend: 0RL9's dividend (6.85%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: 0RL9's dividend (6.85%) is in the top 25% of dividend payers in the UK market (5.82%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 0RL9's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0RL9's dividends in 3 years are forecast to be well covered by earnings (32.1% payout ratio).