Picton Property Income Dividends and Buybacks
Dividend criteria checks 4/6
Picton Property Income is a dividend paying company with a current yield of 5.39% that is well covered by earnings. Last payment was on 29th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
5.4%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 5.8% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 0.2% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | UK£0.037 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PCTNL's dividend payments have been volatile in the past 10 years.
Growing Dividend: PCTNL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Picton Property Income Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PCTNL) | 5.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (REITs) | 6.0% |
| Analyst forecast (PCTNL) (up to 3 years) | 5.9% |
Notable Dividend: PCTNL's dividend (5.39%) is higher than the bottom 25% of dividend payers in the UK market (2.09%).
High Dividend: PCTNL's dividend (5.39%) is low compared to the top 25% of dividend payers in the UK market (5.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.5%), PCTNL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), PCTNL's dividend payments are covered by cash flows.