Premiere Island Power Reit Dividends and Buybacks
Dividend criteria checks 2/6
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 |
|---|
| 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.