Palestine Electric Company P.L.C

PLSE:PEC Stock Report

Mkt Cap: US$130.2m

Palestine Electric Company P.L.C Dividend

What is Palestine Electric Company P.L.C current dividend yield, its reliability and sustainability?

[object Object] Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.83%

Current Dividend Yield

Dividend Yield vs Market

Palestine Electric Company P.L.C Dividend Yield vs Market
How does PEC dividend yield compare to the market?
SegmentDividend Yield
Company (PEC)7.8%
Market Bottom 25% (PS)2.9%
Market Top 25% (PS)5.5%
Industry Average (Renewable Energy)2.9%
Analyst forecast in 3 Years (PEC)n/a

Notable Dividend: PEC's dividend (7.83%) is higher than the bottom 25% of dividend payers in the PS market (2.94%).

High Dividend: PEC's dividend (7.83%) is in the top 25% of dividend payers in the PS market (5.47%)


Stability and Growth of Payments

How stable has Palestine Electric Company P.L.C's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/1/20220.177.83
5/18/20220.178.34
8/15/20210.15.39
4/4/20210.16.12
8/31/20200.159.52
3/12/20200.1510.72
8/18/20190.16.7
3/18/20190.17.3
2/14/20190.17.02
8/15/20180.17.31
3/5/20180.17.6
2/13/20180.17.12
3/24/20160.18.35
3/18/20140.054.46
3/3/20130.17.27
2/29/20120.17.95
1/15/20120.18.18

Stable Dividend: PEC's dividend payments have been volatile in the past 10 years.

Growing Dividend: PEC's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (77.6%), PEC's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: PEC is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies