Polaris Dividend
Dividend criteria checks 5/6
Polaris is a dividend paying company with a current yield of 3.66% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
3.7%
Dividend yield
73%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$2.640 |
| Earnings per share | US$3.65 |
| Future Dividend Yield | 3.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0KJQ's dividends per share have been stable in the past 10 years.
Growing Dividend: 0KJQ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Polaris Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0KJQ) | 3.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Leisure) | 3.5% |
| Analyst forecast (0KJQ) (up to 3 years) | 3.8% |
Notable Dividend: 0KJQ's dividend (3.66%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: 0KJQ's dividend (3.66%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.2%), 0KJQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.6%), 0KJQ's dividend payments are covered by cash flows.