Primotec Group Dividend
Dividend criteria checks 3/6
Primotec Group is a dividend paying company with a current yield of 12.03%.
Key information
12.0%
Dividend yield
n/a
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪1.374 |
| Earnings per share | ₪2.92 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Primotec Group (TLV:PRMG) May Have Issues Allocating Its Capital
Apr 01
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) | 12.0% |
| Market Bottom 25% (IL) | 2.5% |
| Market Top 25% (IL) | 6.9% |
| Industry Average (Household Products) | 2.5% |
| Analyst forecast (PRMG) (up to 3 years) | n/a |
Notable Dividend: PRMG's dividend (12.03%) is higher than the bottom 25% of dividend payers in the IL market (2.46%).
High Dividend: PRMG's dividend (12.03%) is in the top 25% of dividend payers in the IL market (6.89%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate PRMG's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.9%), PRMG's dividend payments are well covered by cash flows.