Movie collector 6.09/2/2023 ![]() ![]() These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. Is Enterprises an attractive dividend stock, or better left on the shelf? We love that Enterprises is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously.Ĭlick here to see how much of its profit Enterprises paid out over the last 12 months. It's encouraging to see that the dividend is covered by both profit and cash flow. It distributed 34% of its free cash flow as dividends, a comfortable payout level for most companies. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. That's why it's good to see Enterprises paying out a modest 42% of its earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. So we need to investigate whether Enterprises can afford its dividend, and if the dividend could grow.ĭividends are typically paid from company earnings. If you buy this business for its dividend, you should have an idea of whether Enterprises's dividend is reliable and sustainable. Looking at the last 12 months of distributions, Enterprises has a trailing yield of approximately 6.0% on its current stock price of ₹41.7. Ex-dividend means that investors that purchase the stock on or after the 17th of July will not receive this dividend, which will be paid on the 29th of August.Įnterprises's upcoming dividend is ₹2.50 a share, following on from the last 12 months, when the company distributed a total of ₹2.50 per share to shareholders. Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that PTL Enterprises Limited ( NSE:PTL) is about to go ex-dividend in just 3 days. ![]() Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
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