Petrovietnam Oil Phu Yen Dividend
Dividend criteria checks 3/6
Petrovietnam Oil Phu Yen is a dividend paying company with a current yield of 10.64% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 17th May, 2024.
Key information
10.6%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 06 Jun 24 |
| Ex dividend date | 17 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₫1.21k |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PPY has been paying a dividend for less than 10 years.
Growing Dividend: PPY's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Petrovietnam Oil Phu Yen Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PPY) | 10.6% |
| Market Bottom 25% (VN) | 3.5% |
| Market Top 25% (VN) | 8.7% |
| Industry Average (Oil and Gas) | 2.3% |
| Analyst forecast in 3 Years (PPY) | n/a |
Notable Dividend: PPY's dividend (10.64%) is higher than the bottom 25% of dividend payers in the VN market (3.49%).
High Dividend: PPY's dividend (10.64%) is in the top 25% of dividend payers in the VN market (8.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), PPY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PPY is paying a dividend but the company has no free cash flows.