Prodvinalco Dividends and Buybacks
Dividend criteria checks 2/6
Prodvinalco is a dividend paying company with a current yield of 5.77% that is well covered by earnings.
Key information
5.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RON 0.413 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether VAC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VAC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Prodvinalco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VAC) | 5.8% |
| Market Bottom 25% (RO) | 2.6% |
| Market Top 25% (RO) | 7.2% |
| Industry Average (Beverage) | 2.6% |
| Analyst forecast (VAC) (up to 3 years) | n/a |
Notable Dividend: VAC's dividend (5.77%) is higher than the bottom 25% of dividend payers in the RO market (2.5%).
High Dividend: VAC's dividend (5.77%) is low compared to the top 25% of dividend payers in the RO market (7.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.3%), VAC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (121.1%), VAC's dividend payments are not well covered by cash flows.