Prosegur Compañía de Seguridad, S.A (PSG.MC) Dividends
Market Cap: $1.21B
Avg Volume: 302.05K
Industry: Security & Protection Services
Sector: Industrials
Dividend Overview
Prosegur Compañía de Seguridad, S.A (PSG.MC) pays an dividend to its shareholders. The current dividend yield is 8.91%, which means that for every $100 invested at the current price, investors would receive approximately $8.91 in dividends per year (this can change based on future dividend payments and price movements).
About PSG.MC's Dividend
Prosegur Compañía de Seguridad, S.A pays a none dividend. The total annual dividend is approximately $0.15 per share, meaning for each share you own, you'll receive about $0.15 in dividends over the course of a year.
The most recent ex-dividend date was December 02, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Prosegur Compañía de Seguridad, S.A's payout ratio is 1.16% which means that 1.16% 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.
Prosegur Compañía de Seguridad, S.A's dividend has decreased by -1.14% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
PSG.MC Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.1523 | 8.91% | December 02, 2024 | December 03, 2024 | December 04, 2024 |
Dividend Growth
Prosegur Compañía de Seguridad, S.A (PSG.MC) dividend payments have decreased -114.41% 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 PSG.MC
- Dividend Payout Ratio: 1.16% Low risk
- Dividend & Capex Coverage Ratio: 1.24x Adequate coverage
- Dividend Frequency: None
- Recent Dividend Growth: -1.14% Negative
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. Prosegur Compañía de Seguridad, S.A's payout ratio is 1.16% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.24x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio above 1.0x indicates Prosegur Compañía de Seguridad, S.A can cover its dividends and necessary investments from its operating cash flow, but has limited cushion.
Prosegur Compañía de Seguridad, S.A's dividend growth rate of -1.14% is negative, which may signal financial challenges or a shift in capital allocation priorities.
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.