Welcome to this article where we will delve into the sustainability of Popular Inc's dividend payments. We will explore the company's dividend history, yield, and growth rates, as well as assess its payout ratio, profitability, and growth metrics. By the end, you'll have a comprehensive understanding of Popular Inc's dividend profile and its potential for future growth.
Popular Inc's Dividend History
Explore the dividend history of Popular Inc and its consistency in dividend payments.
Popular Inc has maintained a consistent dividend payment record since 2015. Dividends are currently distributed on a quarterly basis. This demonstrates the company's commitment to rewarding its shareholders.
Throughout the years, Popular Inc has proven its dedication to providing consistent returns to investors through its dividend payments.
Assessing Popular Inc's Dividend Yield and Growth
Analyze Popular Inc's dividend yield and growth rates to determine the potential for increased dividend payments.
As of today, Popular Inc currently has a 12-month trailing dividend yield of 2.82% and a 12-month forward dividend yield of 3.15%. This suggests an expectation of increased dividend payments over the next 12 months.
Over the past three years, Popular Inc's annual dividend growth rate was 22.40%. Extended to a five-year horizon, this rate decreased to 18.40% per year. These growth rates indicate the company's potential for providing higher dividends to its shareholders.
Evaluating Popular Inc's Payout Ratio and Profitability
Assess the sustainability of Popular Inc's dividend payments by examining its payout ratio and profitability.
To evaluate the sustainability of Popular Inc's dividend payments, it is important to consider the company's payout ratio. As of 2023-09-30, Popular Inc's dividend payout ratio is 0.23. This indicates that the company retains a significant portion of its earnings, ensuring funds for future growth and unexpected downturns.
GuruFocus ranks Popular Inc's profitability 5 out of 10 as of 2023-09-30, suggesting fair profitability. The company has reported net profit in 9 out of the past 10 years, indicating its ability to generate consistent earnings.
Analyzing Popular Inc's Growth Metrics
Examine Popular Inc's revenue and earnings growth rates to determine its potential for sustaining dividends.
To ensure the sustainability of dividends, a company must have robust growth metrics. Popular Inc's growth rank of 5 out of 10 suggests a fair growth outlook.
Popular Inc's revenue per share has increased by approximately 16.00% per year on average over the past three years, outperforming a significant portion of its global competitors. Additionally, the company's earnings have grown by approximately 28.90% per year on average during the same period, showcasing its capability to generate higher earnings.
Furthermore, Popular Inc's 5-year EBITDA growth rate of 53.70% outperforms a majority of its global competitors, indicating strong financial performance.