Phoenix Group Holdings Dividend
Dividend criteria checks 4/6
Phoenix Group Holdings is a dividend paying company with a current yield of 9.53%. Next payment date is on 31st October, 2024 with an ex-dividend date of 3rd October, 2024.
Key information
9.5%
Dividend yield
-100%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | 31 Oct 24 |
| Ex dividend date | 03 Oct 24 |
| Dividend per share | UK£0.533 |
| Earnings per share | -UK£0.53 |
| Dividend yield forecast | 10.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PHNXL's dividends per share have been stable in the past 10 years.
Growing Dividend: PHNXL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Phoenix Group Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PHNXL) | 9.5% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Insurance) | 5.1% |
| Analyst forecast (PHNXL) (up to 3 years) | 10.2% |
Notable Dividend: PHNXL's dividend (9.53%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: PHNXL's dividend (9.53%) is in the top 25% of dividend payers in the UK market (5.48%)
Earnings Payout to Shareholders
Earnings Coverage: PHNXL is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21%), PHNXL's dividend payments are well covered by cash flows.