Paper Converting is a dividend paying company with a current yield of 3.15% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 29th April, 2024.
Key information
3.2%
Dividend yield
54%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
31 Jul 24
Ex dividend date
29 Apr 24
Dividend per share
n/a
Earnings per share
MU₨0.95
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PCCL.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PCCL.I0000's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Paper Converting Dividend Yield vs Market
How does PCCL.I0000 dividend yield compare to the market?
Segment
Dividend Yield
Company (PCCL.I0000)
3.2%
Market Bottom 25% (MU)
3.3%
Market Top 25% (MU)
6.1%
Industry Average (Forestry)
2.6%
Analyst forecast in 3 Years (PCCL.I0000)
n/a
Notable Dividend: PCCL.I0000's dividend (3.15%) isn’t notable compared to the bottom 25% of dividend payers in the MU market (3.33%).
High Dividend: PCCL.I0000's dividend (3.15%) is low compared to the top 25% of dividend payers in the MU market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), PCCL.I0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PCCL.I0000 is paying a dividend but the company has no free cash flows.