Palestine Electric Company P.L.C Dividend
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
73%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.27 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (PEC) | 7.0% |
Market Bottom 25% (PS) | 3.1% |
Market Top 25% (PS) | 6.2% |
Industry Average (Renewable Energy) | 2.2% |
Analyst forecast in 3 Years (PEC) | 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.