What is Perrigo current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Perrigo Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Pharmaceuticals)||2.6%|
|Analyst forecast in 3 Years (PRGO)||3.3%|
Notable Dividend: PRGO's dividend (2.88%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: PRGO's dividend (2.88%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: PRGO's dividends per share have been stable in the past 10 years.
Growing Dividend: PRGO's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: PRGO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.4%), PRGO's dividend payments are covered by cash flows.