Piovan Dividend
Dividend criteria checks 3/6
Piovan is a dividend paying company with a current yield of 2.39% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 27th May, 2024.
Key information
2.4%
Dividend yield
28%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 27 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.97 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Is Piovan (BIT:PVN) Using Too Much Debt?
Nov 09
With EPS Growth And More, Piovan (BIT:PVN) Makes An Interesting Case
Jan 10Piovan (BIT:PVN) Has A Pretty Healthy Balance Sheet
Sep 15Piovan (BIT:PVN) Could Be Struggling To Allocate Capital
Dec 13Calculating The Intrinsic Value Of Piovan S.p.A. (BIT:PVN)
Mar 24These 4 Measures Indicate That Piovan (BIT:PVN) Is Using Debt Reasonably Well
Mar 11The Returns At Piovan (BIT:PVN) Provide Us With Signs Of What's To Come
Feb 25Is It Too Late To Consider Buying Piovan S.p.A. (BIT:PVN)?
Feb 10
Are Robust Financials Driving The Recent Rally In Piovan S.p.A.'s (BIT:PVN) Stock?
Jan 22Reflecting on Piovan's (BIT:PVN) Share Price Returns Over The Last Year
Jan 04Does Piovan (BIT:PVN) Have A Healthy Balance Sheet?
Dec 03Is Piovan (BIT:PVN) Likely To Turn Things Around?
Nov 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PVN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PVN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Piovan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PVN) | 2.4% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.4% |
| Industry Average (Machinery) | 1.3% |
| Analyst forecast in 3 Years (PVN) | 2.9% |
Notable Dividend: PVN's dividend (2.39%) is higher than the bottom 25% of dividend payers in the Italian market (1.86%).
High Dividend: PVN's dividend (2.39%) is low compared to the top 25% of dividend payers in the Italian market (5.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.8%), PVN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), PVN's dividend payments are well covered by cash flows.