Prosus N.V (PROSF) Dividends
Market Cap: $87.67B
Avg Volume: 35.00K
Industry: Internet Content & Information
Sector: Communication Services
Dividend Overview
Prosus N.V (PROSF) pays a annual dividend to its shareholders. The current dividend yield is 0.26%, which means that for every $100 invested at the current price, investors would receive approximately $0.26 in dividends per year (this can change based on future dividend payments and price movements).
About PROSF's Dividend
Prosus N.V pays a annual dividend. The total annual dividend is approximately $0.11 per share, meaning for each share you own, you'll receive about $0.11 in dividends over the course of a year.
The most recent ex-dividend date was October 31, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Prosus N.V's payout ratio is 0.03% which means that 0.03% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Prosus N.V's dividend has grown by 0.00% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
PROSF Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.10883 | 0.26% | October 31, 2024 | November 01, 2024 | November 26, 2024 | |
| $0.0743372 | 0.26% | November 02, 2023 | November 03, 2023 | November 28, 2023 | |
| $0.3073 | 0.00% | September 01, 2022 | September 02, 2022 | September 27, 2022 | |
| $0.3051 | 4397997.40% | October 28, 2021 | October 29, 2021 | November 23, 2021 | |
| $0.2398 | 6357.98% | October 22, 2020 | October 23, 2020 | November 17, 2020 |
Dividend Growth
Prosus N.V (PROSF) dividend payments have grown 0.03% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for PROSF
- Dividend Payout Ratio: 0.03% Low risk
- Dividend & Capex Coverage Ratio: 3.93x Strong coverage
- Dividend Frequency: Annual
- Recent Dividend Growth: 0.00% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Prosus N.V's payout ratio is 0.03% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 3.93x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Prosus N.V can comfortably cover its dividends and necessary investments from its operating cash flow.
Prosus N.V's dividend growth rate of 0.00% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.