PSC Insurance Group (ASX:PSI) Dividend Payout Ratio : 1.01 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is PSC Insurance Group Dividend Payout Ratio?

PSC Insurance Group's dividend payout ratio for the months ended in Dec. 2023 was 1.01.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of PSC Insurance Group Ltd is 0.76, which seems too high.

The historical rank and industry rank for PSC Insurance Group's Dividend Payout Ratio or its related term are showing as below:

ASX:PSI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.75 Max: 1.41
Current: 0.76

During the past 8 years, the highest Dividend Payout Ratio of PSC Insurance Group was 1.41. The lowest was 0.23. And the median was 0.75.

ASX:PSI's Dividend Payout Ratio is ranked worse than
83.96% of 293 companies
in the Insurance industry
Industry Median: 0.37 vs ASX:PSI: 0.76

As of today (2024-05-08), the Dividend Yield % of PSC Insurance Group is 2.50%.

During the past 8 years, the highest Trailing Annual Dividend Yield of PSC Insurance Group was 3.66%. The lowest was 0.50%. And the median was 2.34%.

PSC Insurance Group's Dividends per Share for the months ended in Dec. 2023 was A$0.08.

During the past 12 months, PSC Insurance Group's average Dividends Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of PSC Insurance Group was 85.00% per year. The lowest was 12.30% per year. And the median was 13.40% per year.

The growth rate is calculated with least square regression.

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

PSC Insurance Group Dividend Payout Ratio Historical Data

The historical data trend for PSC Insurance Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

PSC Insurance Group Dividend Payout Ratio Chart

PSC Insurance Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.76

1.34

0.74

1.41

0.81

PSC Insurance Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial												1.33	1.55	1.23	0.54	1.01

Competitive Comparison of PSC Insurance Group's Dividend Payout Ratio

For the Insurance Brokers subindustry, PSC Insurance Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

PSC Insurance Group's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PSC Insurance Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where PSC Insurance Group's Dividend Payout Ratio falls into.

PSC Insurance Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

PSC Insurance Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.127	/	0.157
	=	0.81

PSC Insurance Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.083	/	0.082
	=	1.01

PSC Insurance Group (ASX:PSI) Dividend Payout Ratio Explanation

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.

PSC Insurance Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of PSC Insurance Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

PSC Insurance Group (ASX:PSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PSC Insurance Group Ltd (ASX:PSI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.