If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Prime Financial Group Ltd is 1.15, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Prime Financial Group was 3.00. The lowest was 0.33. And the median was 0.44.
During the past 12 months, Prime Financial Group's average Dividends Per Share Growth Rate was 36.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 48.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prime Financial Group was 48.10% per year. The lowest was -22.30% per year. And the median was -8.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Prime Financial Group Dividend Yield % Historical Data
The historical data trend for Prime Financial Group's Dividend Yield % 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.
Competitive Comparison of Prime Financial Group's Dividend Yield %
For the Asset Management subindustry, Prime Financial Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Financial Group's Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Prime Financial Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Prime Financial Group's Dividend Yield % falls into.
Prime Financial Group Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Prime Financial Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.007500
2024-03-18
2024-03-19
2024-03-28
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.008000
2023-09-01
2023-09-04
2023-09-29
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Prime Financial Group's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 Financial Group (ASX:PFG) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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 Financial Group Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Prime Financial Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Prime Financial Group (ASX:PFG) Business Description
Prime Financial Group Ltd is an integrated accounting and business advisory, wealth management, and capital advisory company for business owners and family groups. It offers services accounting and tax compliance, start-up services, SME advisory, director and board services, life insurance, estate planning, lending and finance, transaction and restructuring services, superannuation, and others. Its segments are Accounting and Business Advisory plus Capital and the other to Wealth Management and Self- Managed Superannuation (SMSF). The company generates the majority of its revenue from Accounting and Business Advisory plus Capital.
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