PetroVietnam Technical Services Dividends and Buybacks
Dividend criteria checks 1/6
PetroVietnam Technical Services is a dividend paying company with a current yield of 2.1% that is well covered by earnings. Next payment date is on 17th December, 2024 with an ex-dividend date of 13th November, 2024.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.1% |
| Dividend Growth | -9.4% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | ₫700.000 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PVS's dividend payments have been volatile in the past 10 years.
Growing Dividend: PVS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| PetroVietnam Technical Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PVS) | 2.1% |
| Market Bottom 25% (VN) | 3.5% |
| Market Top 25% (VN) | 8.2% |
| Industry Average (Energy Services) | 2.5% |
| Analyst forecast (PVS) (up to 3 years) | 2.1% |
Notable Dividend: PVS's dividend (2.1%) isn’t notable compared to the bottom 25% of dividend payers in the VN market (3.4%).
High Dividend: PVS's dividend (2.1%) is low compared to the top 25% of dividend payers in the VN market (8.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), PVS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PVS is paying a dividend but the company has no free cash flows.