Parkomat International Dividends and Buybacks
Dividend criteria checks 2/6
Parkomat International is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -43.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪0.154 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRKM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRKM has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Parkomat International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRKM) | 2.7% |
| Market Bottom 25% (IL) | 2.3% |
| Market Top 25% (IL) | 6.3% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast (PRKM) (up to 3 years) | n/a |
Notable Dividend: PRKM's dividend (2.74%) is higher than the bottom 25% of dividend payers in the IL market (2.26%).
High Dividend: PRKM's dividend (2.74%) is low compared to the top 25% of dividend payers in the IL market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), PRKM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PRKM is paying a dividend but the company has no free cash flows.