Pacific Basin Shipping Dividends and Buybacks
Dividend criteria checks 5/6
Pacific Basin Shipping is a dividend paying company with a current yield of 4.89% that is well covered by earnings.
Key information
4.9%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 8.6% |
| Dividend Growth | 22.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.098 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PCFB.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: PCFB.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pacific Basin Shipping Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PCFB.F) | 4.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Shipping) | 5.6% |
| Analyst forecast (PCFB.F) (up to 3 years) | 8.6% |
Notable Dividend: PCFB.F's dividend (4.89%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: PCFB.F's dividend (4.89%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.6%), PCFB.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), PCFB.F's dividend payments are well covered by cash flows.