Premiere Island Power Reit is a dividend paying company with a current yield of 7.05%. Next payment date is on 27th December, 2024 with an ex-dividend date of 12th December, 2024.
Key information
7.1%
Dividend yield
0%
Buyback Yield
Total Shareholder Yield
7.1%
Future Dividend Yield
n/a
Dividend Growth
34.3%
Next dividend pay date
27 Dec 24
Ex dividend date
12 Dec 24
Dividend per share
₱0.155
Payout ratio
973%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PREIT has been paying a dividend for less than 10 years.
Growing Dividend: PREIT's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Premiere Island Power Reit Dividend Yield vs Market
How does PREIT dividend yield compare to the market?
Segment
Dividend Yield
Company (PREIT)
7.1%
Market Bottom 25% (PH)
2.0%
Market Top 25% (PH)
6.7%
Industry Average (REITs)
5.4%
Analyst forecast (PREIT) (up to 3 years)
n/a
Notable Dividend: PREIT's dividend (7.05%) is higher than the bottom 25% of dividend payers in the PH market (1.99%).
High Dividend: PREIT's dividend (7.05%) is in the top 25% of dividend payers in the PH market (6.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (973.4%), PREIT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1213.7%), PREIT's dividend payments are not well covered by cash flows.