Propel Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Propel Holdings is a dividend paying company with a current yield of 1.5% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
1.5%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -26.0% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.412 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PRLP.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PRLP.F's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Propel Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PRLP.F) | 1.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Consumer Finance) | 1.6% |
| Analyst forecast (PRLP.F) (up to 3 years) | 2.3% |
Notable Dividend: PRLP.F's dividend (1.5%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PRLP.F's dividend (1.5%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), PRLP.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PRLP.F is paying a dividend but the company has no free cash flows.