Panama Petrochem Dividend
Dividend criteria checks 5/6
Panama Petrochem is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
26%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹30.58 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Panama Petrochem's (NSE:PANAMAPET) Dividend Will Be Reduced To ₹5.00
Jul 27Panama Petrochem (NSE:PANAMAPET) Is Very Good At Capital Allocation
Mar 06Panama Petrochem (NSE:PANAMAPET) Will Pay A Larger Dividend Than Last Year At ₹6.00
Aug 07Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Aug 03Does Panama Petrochem (NSE:PANAMAPET) Deserve A Spot On Your Watchlist?
May 11We Think Panama Petrochem (NSE:PANAMAPET) Might Have The DNA Of A Multi-Bagger
Mar 14Do Panama Petrochem's (NSE:PANAMAPET) Earnings Warrant Your Attention?
Oct 19Panama Petrochem's (NSE:PANAMAPET) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 09Do Panama Petrochem's (NSE:PANAMAPET) Earnings Warrant Your Attention?
Jun 10Panama Petrochem (NSE:PANAMAPET) Is Achieving High Returns On Its Capital
May 27The Attractive Combination That Could Earn Panama Petrochem Limited (NSE:PANAMAPET) A Place In Your Dividend Portfolio
Mar 29Are Insiders Buying Panama Petrochem Limited (NSE:PANAMAPET) Stock?
Mar 15What Kind Of Shareholders Hold The Majority In Panama Petrochem Limited's (NSE:PANAMAPET) Shares?
Mar 01Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Feb 14We're Watching These Trends At Panama Petrochem (NSE:PANAMAPET)
Jan 31Is Panama Petrochem Limited's (NSE:PANAMAPET) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 16Is Panama Petrochem's (NSE:PANAMAPET) 103% Share Price Increase Well Justified?
Jan 03We Think Panama Petrochem's (NSE:PANAMAPET) Statutory Profit Might Understate Its Earnings Potential
Dec 07MD, CEO & Executive Director Amin Rayani Just Bought 4.1% More Shares In Panama Petrochem Limited (NSE:PANAMAPET)
Nov 22Is Panama Petrochem (NSE:PANAMAPET) A Risky Investment?
Nov 09Is Panama Petrochem (NSE:PANAMAPET) Likely To Turn Things Around?
Oct 21Amin Rayani Is The MD, CEO & Executive Director of Panama Petrochem Limited (NSE:PANAMAPET) And They Just Picked Up 6.6% More Shares
Sep 25Panama Petrochem Limited's (NSE:PANAMAPET) Shares Lagging The Market But So Is The Business
Sep 14Begumbanu Rayani Just Bought 3.4% More Shares In Panama Petrochem Limited (NSE:PANAMAPET)
Sep 04Is It Smart To Buy Panama Petrochem Limited (NSE:PANAMAPET) Before It Goes Ex-Dividend?
Aug 26Panama Petrochem Limited's (NSE:PANAMAPET) Share Price Not Quite Adding Up
Aug 24Trade Alert: Begumbanu Rayani At Panama Petrochem Limited (NSE:PANAMAPET), Has Just Spent ₹2.5m Buying 2.8% More Shares
Aug 16Here's Why Panama Petrochem (NSE:PANAMAPET) Has A Meaningful Debt Burden
Aug 10Is Panama Petrochem Limited (NSE:PANAMAPET) A Smart Choice For Dividend Investors?
Aug 10Have Insiders Been Buying Panama Petrochem Limited (NSE:PANAMAPET) Shares This Year?
Jul 20We Think Panama Petrochem's (NSE:PANAMAPET) Statutory Profit Might Understate Its Earnings Potential
Jul 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PANAMAPET's dividend payments have been volatile in the past 10 years.
Growing Dividend: PANAMAPET's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Panama Petrochem Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PANAMAPET) | 2.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (PANAMAPET) | n/a |
Notable Dividend: PANAMAPET's dividend (2.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: PANAMAPET's dividend (2.38%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), PANAMAPET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), PANAMAPET's dividend payments are well covered by cash flows.