Piraeus Port Authority Dividend
Dividend criteria checks 4/6
Piraeus Port Authority is a dividend paying company with a current yield of 5.38% that is well covered by earnings. Next payment date is on 2nd August, 2024 with an ex-dividend date of 29th July, 2024.
Key information
5.4%
Dividend yield
50%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | 02 Aug 24 |
Ex dividend date | 29 Jul 24 |
Dividend per share | n/a |
Earnings per share | €2.67 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Here's Why Piraeus Port Authority (ATH:PPA) Can Manage Its Debt Responsibly
Mar 19Can You Imagine How Piraeus Port Authority's (ATH:PPA) Shareholders Feel About The 68% Share Price Increase?
Mar 01Piraeus Port Authority S.A.'s (ATH:PPA) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 05Will the Promising Trends At Piraeus Port Authority (ATH:PPA) Continue?
Jan 18Is Piraeus Port Authority S.A. (ATH:PPA) A Smart Pick For Income Investors?
Dec 29Is Piraeus Port Authority (ATH:PPA) A Risky Investment?
Dec 14How Much Of Piraeus Port Authority S.A. (ATH:PPA) Do Institutions Own?
Nov 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PPA's dividend payments have been volatile in the past 10 years.
Growing Dividend: PPA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Piraeus Port Authority Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PPA) | 5.4% |
Market Bottom 25% (GR) | 2.1% |
Market Top 25% (GR) | 5.6% |
Industry Average (Infrastructure) | 3.8% |
Analyst forecast in 3 Years (PPA) | 5.4% |
Notable Dividend: PPA's dividend (5.38%) is higher than the bottom 25% of dividend payers in the Greek market (2.16%).
High Dividend: PPA's dividend (5.38%) is low compared to the top 25% of dividend payers in the Greek market (5.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), PPA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.4%), PPA's dividend payments are covered by cash flows.