Polaris Dividend
Dividend criteria checks 5/6
Polaris is a dividend paying company with a current yield of 2.99% that is well covered by earnings.
Key information
3.0%
Dividend yield
30%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | Mex$8.90 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PII *'s dividends per share have been stable in the past 10 years.
Growing Dividend: PII *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Polaris Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PII *) | 3.0% |
Market Bottom 25% (MX) | 0% |
Market Top 25% (MX) | 0% |
Industry Average (Leisure) | 0% |
Analyst forecast in 3 Years (PII *) | 3.3% |
Notable Dividend: PII *'s dividend (2.99%) is higher than the bottom 25% of dividend payers in the MX market (2.23%).
High Dividend: PII *'s dividend (2.99%) is low compared to the top 25% of dividend payers in the MX market (6.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), PII *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.1%), PII *'s dividend payments are well covered by cash flows.