Provident Financial Dividends
PROV Stock | USD 16.22 0.27 1.69% |
At this time, Provident Financial's Dividend Yield is fairly stable compared to the past year. Dividend Paid And Capex Coverage Ratio is likely to climb to 1.31 in 2024, whereas Dividends Paid is likely to drop slightly above 3.4 M in 2024. Provident Financial's past performance could be the main factor of why investors trade Provident Financial Holdings stock today. Investors should clearly understand every aspect of the Provident Financial dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Provident Financial's dividend schedule and payout information. Provident Financial Holdings dividends can also provide a clue to the current valuation of Provident Financial.
Number Of Dividends | Years Issued 23 | Previous Year 4 Times | Current Year 4 Times | Year Average 3.91 | Volatility 0.42 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 3.9 M | 3.4 M | |
Dividend Yield | 0.05 | 0.05 | |
Dividend Payout Ratio | 0.53 | 0.49 | |
Dividend Paid And Capex Coverage Ratio | 1.04 | 1.31 |
Provident |
Investing in dividend-paying stocks, such as Provident Financial Holdings is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Provident Financial must own a stock before its ex-dividend date to receive its next dividend.
Provident Financial Dividends Paid Over Time
Today, most investors in Provident Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Provident Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Provident Financial dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
Timeline |
Provident Financial Historical Dividend Yield Growth
A solid dividend growth pattern of Provident Financial could indicate future dividend growth is likely, which can signal long-term profitability for Provident Financial Holdings. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Provident Financial Holdings dividend as a percentage of Provident Financial stock price. Provident Financial dividend yield is a measure of Provident Financial stock productivity, which can be interpreted as interest rate earned on an Provident Financial investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
Timeline |
Recent Provident Financial Dividends Paid (per share)
Dividends Paid |
Timeline |
Provident Financial Expected Dividend Income Per Share
Dividend payment represents part of Provident Financial's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Provident Financial. Provident Financial's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.36 Bottom Scenario | $0.37 | $0.39 Top Scenario |
One Year
Provident Financial Holdings expected dividend income per share adjusted for ongoing price standard deviation
Provident Financial Past Distributions to stockholders
5th of September 2024 | ||
6th of June 2024 | ||
7th of March 2024 | ||
7th of December 2023 | ||
7th of September 2023 | ||
8th of June 2023 | ||
7th of March 2023 | ||
8th of December 2022 |
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Provident Financial. If investors know Provident will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Provident Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.112 | Dividend Share 0.56 | Earnings Share 1.09 | Revenue Per Share 5.77 | Quarterly Revenue Growth 0.093 |
The market value of Provident Financial is measured differently than its book value, which is the value of Provident that is recorded on the company's balance sheet. Investors also form their own opinion of Provident Financial's value that differs from its market value or its book value, called intrinsic value, which is Provident Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Provident Financial's market value can be influenced by many factors that don't directly affect Provident Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Provident Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Provident Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Provident Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.