Planetel Dividend
Dividend criteria checks 2/6
Planetel is a dividend paying company with a current yield of 1.98% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
2.0%
Dividend yield
61%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | 08 May 24 |
Ex dividend date | 06 May 24 |
Dividend per share | n/a |
Earnings per share | €0.16 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PLN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PLN's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Planetel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PLN) | 2.0% |
Market Bottom 25% (IT) | 1.9% |
Market Top 25% (IT) | 5.7% |
Industry Average (Telecom) | 4.8% |
Analyst forecast in 3 Years (PLN) | n/a |
Notable Dividend: PLN's dividend (1.98%) is higher than the bottom 25% of dividend payers in the Italian market (1.92%).
High Dividend: PLN's dividend (1.98%) is low compared to the top 25% of dividend payers in the Italian market (5.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.6%), PLN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.1%), PLN's dividend payments are not well covered by cash flows.