Purcari Wineries Dividend
Dividend criteria checks 2/6
Purcari Wineries is a dividend paying company with a current yield of 3.69% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 26th July, 2024.
Key information
3.7%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 26 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | RON1.40 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Purcari Wineries (BVB:WINE) Will Pay A Smaller Dividend Than Last Year
Aug 08
Purcari Wineries' (BVB:WINE) Dividend Will Be Reduced To RON0.51
Jul 15Recent updates
Purcari Wineries (BVB:WINE) Will Pay A Smaller Dividend Than Last Year
Aug 08Purcari Wineries' (BVB:WINE) Dividend Will Be Reduced To RON0.51
Jul 15Here's What's Concerning About Purcari Wineries' (BVB:WINE) Returns On Capital
Mar 30Purcari Wineries Public Company Limited's (BVB:WINE) 33% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
Mar 03Purcari Wineries (BVB:WINE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WINE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WINE's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Purcari Wineries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WINE) | 3.7% |
| Market Bottom 25% (RO) | 2.3% |
| Market Top 25% (RO) | 6.5% |
| Industry Average (Beverage) | 2.3% |
| Analyst forecast in 3 Years (WINE) | 3.7% |
Notable Dividend: WINE's dividend (3.69%) is higher than the bottom 25% of dividend payers in the RO market (2.27%).
High Dividend: WINE's dividend (3.69%) is low compared to the top 25% of dividend payers in the RO market (6.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), WINE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (661.9%), WINE's dividend payments are not well covered by cash flows.