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
How does PPY dividend yield compare to the 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.