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Big Pharma Split (TSX:PRM) Forward Dividend Yield % : 8.60% (As of Jun. 05, 2024)


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What is Big Pharma Split Forward Dividend Yield %?

As of today (2024-06-05), the Forward Annual Dividend Yield of Big Pharma Split is 8.60%.

As of today (2024-06-05), the Trailing Annual Dividend Yield of Big Pharma Split is 8.60%.

TSX:PRM's Forward Dividend Yield % is ranked better than
70.76% of 1204 companies
in the Asset Management industry
Industry Median: 5.865 vs TSX:PRM: 8.60

Big Pharma Split's Dividends per Share for the six months ended in Dec. 2023 was C$0.62.

During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Big Pharma Split was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Big Pharma Split's Forward Dividend Yield %

For the Asset Management subindustry, Big Pharma Split's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Big Pharma Split's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Big Pharma Split's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Big Pharma Split's Forward Dividend Yield % falls into.



Big Pharma Split Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Big Pharma Split Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1031002024-05-312024-05-312024-06-07Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002024-04-292024-04-302024-05-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002024-03-272024-03-282024-04-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002024-02-282024-02-292024-03-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002024-01-302024-01-312024-02-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-12-282023-12-292024-01-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-11-292023-11-302023-12-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-10-302023-10-312023-11-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-09-282023-09-292023-10-06Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-08-302023-08-312023-09-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-07-282023-07-312023-08-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1031002023-06-292023-06-302023-07-07Cash DividendmonthlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Big Pharma Split's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2372/14.02
=8.82 %

Current Share Price is C$14.02.
Big Pharma Split's Dividends per Share for the forward twelve months is calculated as C$0.1031 * 12 = C$1.2372.

Big Pharma Split's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.2372/14.02
=8.82 %

Current Share Price is C$14.02.
Big Pharma Split's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.2372.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Big Pharma Split  (TSX:PRM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Big Pharma Split Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Big Pharma Split's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Big Pharma Split (TSX:PRM) Business Description

Traded in Other Exchanges
Address
610 Chartwell Road, Suite 204, Oakville, ON, CAN, L6J 4A5
Big Pharma Split Corp is a mutual fund corporation. Its investment objective is to provide shareholders with fixed cumulative preferential quarterly cash distributions, and regular monthly cash distributions. The company has a presence in the United States; Switzerland; France and United Kingdom.
Executives
Michael Kovacs Director, Senior Officer

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