Primotec Group Dividend
Dividend criteria checks 3/6
Primotec Group is a dividend paying company with a current yield of 14.09% that is well covered by earnings.
Key information
14.1%
Dividend yield
49%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₪0.95 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Investors Could Be Concerned With Primotec Group's (TLV:PRMG) Returns On Capital
Nov 07Primotec Group's (TLV:PRMG) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 06Primotec Group Ltd (TLV:PRMG) Could Be Riskier Than It Looks
Feb 27Primotec Group (TLV:PRMG) Could Be Struggling To Allocate Capital
Dec 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PRMG has been paying a dividend for less than 10 years.
Growing Dividend: PRMG has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Primotec Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PRMG) | 14.1% |
Market Bottom 25% (IL) | 2.5% |
Market Top 25% (IL) | 6.8% |
Industry Average (Household Products) | 2.4% |
Analyst forecast in 3 Years (PRMG) | n/a |
Notable Dividend: PRMG's dividend (14.09%) is higher than the bottom 25% of dividend payers in the IL market (2.5%).
High Dividend: PRMG's dividend (14.09%) is in the top 25% of dividend payers in the IL market (6.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), PRMG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PRMG is paying a dividend but the company has no free cash flows.