PGG Wrightson Dividend

What is PGG Wrightson current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.83%

Current Dividend Yield

Dividend Yield vs Market

PGG Wrightson Dividend Yield vs Market
How does PGW dividend yield compare to the market?
SegmentDividend Yield
Company (PGW)6.8%
Market Bottom 25% (NZ)2.9%
Market Top 25% (NZ)6.3%
Industry Average (Food)7.0%
Analyst forecast in 3 Years (PGW)7.1%

Notable Dividend: PGW's dividend (6.83%) is higher than the bottom 25% of dividend payers in the NZ market (2.91%).

High Dividend: PGW's dividend (6.83%) is in the top 25% of dividend payers in the NZ market (6.3%)


Stability and Growth of Payments

Stable Dividend: PGW has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PGW's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (93.2%), PGW's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (152.5%), PGW's dividend payments are not well covered by cash flows.


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