Premier Group Dividends and Buybacks
Dividend criteria checks 2/6
Premier Group is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
3.2%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R2.200 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PMR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PMR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Premier Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PMR) | 1.9% |
| Market Bottom 25% (ZA) | 3.1% |
| Market Top 25% (ZA) | 7.8% |
| Industry Average (Food) | 4.4% |
| Analyst forecast (PMR) (up to 3 years) | 3.1% |
Notable Dividend: PMR's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.12%).
High Dividend: PMR's dividend (1.91%) is low compared to the top 25% of dividend payers in the ZA market (7.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), PMR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.6%), PMR's dividend payments are well covered by cash flows.