Premiere Island Power Reit Corporation

PSE:PREIT Stock Report

Market Cap: ₱7.2b

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 Yield7.1%
Future Dividend Yieldn/a
Dividend Growth34.3%
Next dividend pay date27 Dec 24
Ex dividend date12 Dec 24
Dividend per share₱0.155
Payout ratio973%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayDec 04 2024Ex Dividend DateDec 12 2024Dividend Pay DateDec 27 202415 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

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?
SegmentDividend 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.


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