Palestine Electric Company P.L.C Dividends and Buybacks
Dividend criteria checks 4/6
Palestine Electric Company P.L.C is a dividend paying company with a current yield of 7.04% that is well covered by earnings.
Key information
7.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 73% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Palestine Electric Company P.L.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PEC) | 7.0% |
| Market Bottom 25% (PS) | 2.8% |
| Market Top 25% (PS) | 6.1% |
| Industry Average (Renewable Energy) | 2.3% |
| Analyst forecast (PEC) (up to 3 years) | n/a |
Notable Dividend: PEC's dividend (7.04%) is higher than the bottom 25% of dividend payers in the PS market (2.83%).
High Dividend: PEC's dividend (7.04%) is in the top 25% of dividend payers in the PS market (6.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.8%), PEC's dividend 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.