Public Power is a dividend paying company with a current yield of 2.22% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 22nd July, 2024.
Key information
2.2%
Dividend yield
22%
Payout ratio
Industry average yield
5.8%
Next dividend pay date
26 Jul 24
Ex dividend date
22 Jul 24
Dividend per share
n/a
Earnings per share
€1.19
Dividend yield forecast in 3Y
8.8%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0MC5 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0MC5's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Public Power Dividend Yield vs Market
How does 0MC5 dividend yield compare to the market?
Segment
Dividend Yield
Company (0MC5)
2.2%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Electric Utilities)
5.8%
Analyst forecast in 3 Years (0MC5)
8.8%
Notable Dividend: 0MC5's dividend (2.22%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0MC5's dividend (2.22%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), 0MC5's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.7%), 0MC5's dividend payments are well covered by cash flows.