Pet Valu Holdings (TSX:PET) Dividend Payout Ratio : 0.45 (As of Mar. 2024)

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What is Pet Valu Holdings Dividend Payout Ratio?

Pet Valu Holdings's dividend payout ratio for the months ended in Mar. 2024 was 0.45.

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

TSX:PET' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 0.34
Current: 0.34

During the past 6 years, the highest Dividend Payout Ratio of Pet Valu Holdings was 0.34. The lowest was 0.01. And the median was 0.17.

TSX:PET's Dividend Payout Ratio is ranked better than
57.46% of 503 companies
in the Retail - Cyclical industry
Industry Median: 0.38 vs TSX:PET: 0.34

As of today (2024-05-11), the Dividend Yield % of Pet Valu Holdings is 1.42%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Pet Valu Holdings was 1.50%. The lowest was 0.03%. And the median was 0.63%.

Pet Valu Holdings's Dividends per Share for the months ended in Mar. 2024 was C$0.11.

During the past 12 months, Pet Valu Holdings's average Dividends Per Share Growth Rate was 46.40% per year.

The growth rate is calculated with least square regression.

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

Pet Valu Holdings Dividend Payout Ratio Historical Data

The historical data trend for Pet Valu Holdings'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.

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Pet Valu Holdings Dividend Payout Ratio Chart

Pet Valu Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.01

0.17

0.32

Pet Valu Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial														0.38	0.30	0.40	0.25	0.45

Competitive Comparison of Pet Valu Holdings's Dividend Payout Ratio

For the Specialty Retail subindustry, Pet Valu Holdings'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.

Pet Valu Holdings's Dividend Payout Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pet Valu Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Pet Valu Holdings's Dividend Payout Ratio falls into.

Pet Valu Holdings Dividend Payout Ratio Calculation

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

Pet Valu Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.4	/	1.242
	=	0.32

Pet Valu Holdings's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.11	/	0.244
	=	0.45

Pet Valu Holdings (TSX:PET) 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.

Pet Valu Holdings Dividend Payout Ratio Related Terms

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

Pet Valu Holdings (TSX:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pet Valu Holdings Ltd (TSX:PET) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PTVLF:USA

Address

130 Royal Crest Court, Markham, ON, CAN, L3R0A1

Website

https://www.petvalu.com

Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.