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Prime Dividend (TSX:PDV) Dividend Payout Ratio : 0.00 (As of Nov. 2023)


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What is Prime Dividend Dividend Payout Ratio?

Prime Dividend's dividend payout ratio for the months ended in Nov. 2023 was 0.00.

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


During the past 13 years, the highest Dividend Payout Ratio of Prime Dividend was 0.42. The lowest was 0.07. And the median was 0.31.

TSX:PDV's Dividend Payout Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.795
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-30), the Dividend Yield % of Prime Dividend is 7.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Prime Dividend was 24.22%. The lowest was 0.73%. And the median was 8.79%.

Prime Dividend's Dividends per Share for the months ended in Nov. 2023 was C$0.13.

During the past 12 months, Prime Dividend's average Dividends Per Share Growth Rate was -55.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prime Dividend was 108.00% per year. The lowest was -56.40% per year. And the median was -9.90% per year.

The growth rate is calculated with least square regression.

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


Prime Dividend Dividend Payout Ratio Historical Data

The historical data trend for Prime Dividend'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.

Prime Dividend Dividend Payout Ratio Chart

Prime Dividend Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 - 0.22 - -

Prime Dividend Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 - - - -

Competitive Comparison of Prime Dividend's Dividend Payout Ratio

For the Asset Management subindustry, Prime Dividend'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.


Prime Dividend's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prime Dividend's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Prime Dividend's Dividend Payout Ratio falls into.



Prime Dividend Dividend Payout Ratio Calculation

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

Prime Dividend's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Nov. 2023 )/ EPS without NRI (A: Nov. 2023 )
=0.483/ -1.347
=N/A

Prime Dividend's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.126/ -0.497
=N/A

* 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.


Prime Dividend (TSX:PDV) 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.


Prime Dividend Dividend Payout Ratio Related Terms

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


Prime Dividend (TSX:PDV) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Prime Dividend Corp is a company that invests in an actively managed portfolio of common shares comprised primarily of large-capitalization dividend yielding Canadian companies. The funds objective is to provide unitholders with monthly cash distributions.

Prime Dividend (TSX:PDV) Headlines

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