Panama Petrochem Dividend
Dividend criteria checks 4/6
Panama Petrochem is a dividend paying company with a current yield of 1.69% that is well covered by earnings. Next payment date is on 28th September, 2024 with an ex-dividend date of 22nd August, 2024.
Key information
1.7%
Dividend yield
22%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 28 Sep 24 |
| Ex dividend date | 22 Aug 24 |
| Dividend per share | ₹7.000 |
| Earnings per share | ₹32.97 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Panama Petrochem's (NSE:PANAMAPET) Dividend Will Be ₹4.00
Jul 30
Panama Petrochem's (NSE:PANAMAPET) Dividend Will Be Reduced To ₹5.00
Jul 27Recent updates
Panama Petrochem's (NSE:PANAMAPET) Dividend Will Be ₹4.00
Jul 30Panama Petrochem Limited (NSE:PANAMAPET) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Panama Petrochem (NSE:PANAMAPET)
Jun 03Panama 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 03
We 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 14Upcoming Dividend Payment
Stability 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) | 1.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.6% |
| Analyst forecast in 3 Years (PANAMAPET) | n/a |
Notable Dividend: PANAMAPET's dividend (1.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: PANAMAPET's dividend (1.69%) is in the top 25% of dividend payers in the Indian market (1.05%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.7%), PANAMAPET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PANAMAPET is paying a dividend but the company has no free cash flows.