Proact IT Group Dividend
Dividend criteria checks 4/6
Proact IT Group is a dividend paying company with a current yield of 1.92% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
1.9%
Dividend yield
32%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr6.33 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Proact IT Group's (STO:PACT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04
Proact IT Group's (STO:PACT) Dividend Will Be Increased To SEK2.00
Feb 12Proact IT Group (STO:PACT) Will Pay A Larger Dividend Than Last Year At SEK1.85
Apr 05Recent updates
Proact IT Group's (STO:PACT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04Proact IT Group's (STO:PACT) Soft Earnings Are Actually Better Than They Appear
Feb 15Proact IT Group's (STO:PACT) Dividend Will Be Increased To SEK2.00
Feb 12Proact IT Group (STO:PACT) Will Pay A Larger Dividend Than Last Year At SEK1.85
Apr 05Proact IT Group (STO:PACT) Is Paying Out A Larger Dividend Than Last Year
Feb 12Is It Time To Consider Buying Proact IT Group AB (publ) (STO:PACT)?
Feb 11Proact IT Group's (STO:PACT) Returns On Capital Not Reflecting Well On The Business
Jul 08Is Proact IT Group (STO:PACT) A Risky Investment?
Jun 14Is Proact IT Group (STO:PACT) Using Too Much Debt?
Jan 27The Returns On Capital At Proact IT Group (STO:PACT) Don't Inspire Confidence
Oct 14Some Investors May Be Worried About Proact IT Group's (STO:PACT) Returns On Capital
May 25Does Proact IT Group (STO:PACT) Have A Healthy Balance Sheet?
Apr 13The Attractive Combination That Could Earn Proact IT Group AB (publ) (STO:PACT) A Place In Your Dividend Portfolio
Mar 26Are Robust Financials Driving The Recent Rally In Proact IT Group AB (publ)'s (STO:PACT) Stock?
Mar 14Shareholders Of Proact IT Group (STO:PACT) Must Be Happy With Their 183% Total Return
Mar 02Have Insiders Sold Proact IT Group AB (publ) (STO:PACT) Shares Recently?
Feb 17
Could The Proact IT Group AB (publ) (STO:PACT) Ownership Structure Tell Us Something Useful?
Feb 15What Do The Returns On Capital At Proact IT Group (STO:PACT) Tell Us?
Feb 05Why Proact IT Group AB (publ) (STO:PACT) Could Be Worth Watching
Jan 25Is Proact IT Group (STO:PACT) A Risky Investment?
Jan 12Proact IT Group AB (publ) (STO:PACT) Insiders Increased Their Holdings
Jan 02Is Proact IT Group AB (publ) (STO:PACT) A Smart Choice For Dividend Investors?
Dec 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PACT's dividend payments have been volatile in the past 10 years.
Growing Dividend: PACT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Proact IT Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PACT) | 1.9% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (IT) | 2.1% |
| Analyst forecast in 3 Years (PACT) | 2.7% |
Notable Dividend: PACT's dividend (1.92%) is higher than the bottom 25% of dividend payers in the Swedish market (1.62%).
High Dividend: PACT's dividend (1.92%) is low compared to the top 25% of dividend payers in the Swedish market (4.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), PACT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.2%), PACT's dividend payments are thoroughly covered by cash flows.