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Prime Dividend (TSX:PDV.PR.A.PFD) 5-Year Dividend Growth Rate : -10.00% (As of Nov. 2023)


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What is Prime Dividend 5-Year Dividend Growth Rate?

Prime Dividend's Dividends per Share for the six months ended in Nov. 2023 was C$0.00.

During the past 12 months, Prime Dividend's average Dividends Per Share Growth Rate was -55.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Prime Dividend was 108.00% per year. The lowest was -56.40% per year. And the median was -9.90% per year.

Prime Dividend's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.00. As of today, Prime Dividend's Dividend Yield % is 7.92%.

Warning Sign:

Prime Dividend Corp stock dividend yield is close to 2-year low.

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


Competitive Comparison of Prime Dividend's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Prime Dividend's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 Dividend's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prime Dividend's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Prime Dividend's 5-Year Dividend Growth Rate falls into.



Prime Dividend 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Prime Dividend  (TSX:PDV.PR.A.PFD) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Prime Dividend's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Prime Dividend was 0.42. The lowest was 0.07. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Prime Dividend Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0670002024-04-292024-04-302024-05-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002024-03-272024-03-282024-04-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002024-02-282024-02-292024-03-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002024-01-302024-01-312024-02-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-12-282023-12-292024-01-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-11-292023-11-302023-12-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-10-302023-10-312023-11-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-09-282023-09-292023-10-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-08-302023-08-312023-09-08Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-07-282023-07-312023-08-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-06-292023-06-302023-07-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0670002023-05-302023-05-312023-06-09Cash DividendmonthlyCAD:CAD 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 Dividend's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.804/10.10
=7.96 %

Current Share Price is C$10.10.
Prime Dividend's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.804.

During the past 13 years, the highest Dividend Yield of Prime Dividend was 24.22%. The lowest was 0.73%. And the median was 8.84%.

Warning Sign:

Prime Dividend Corp stock dividend yield is close to 2-year low.

* 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 Dividend 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Prime Dividend's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Prime Dividend (TSX:PDV.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Prime Dividend Corp is a company that invests in an actively managed portfolio of common shares comprised primarily of large-capitalization dividend yielding Canadian companies. The funds objective is to provide unitholders with monthly cash distributions.

Prime Dividend (TSX:PDV.PR.A.PFD) Headlines

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