Propel Holdings (TSX:PRL) Dividend Payout Ratio

: 0.17 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Propel Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.17.

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

TSX:PRL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.19 Max: 0.3
Current: 0.2

During the past 6 years, the highest Dividend Payout Ratio of Propel Holdings was 0.30. The lowest was 0.08. And the median was 0.19.

TSX:PRL's Dividend Payout Ratio is ranked better than
69.19% of 185 companies
in the Credit Services industry
Industry Median: 0.33 vs TSX:PRL: 0.20

As of today (2024-04-20), the Dividend Yield % of Propel Holdings is 1.86%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Propel Holdings was 5.78%. The lowest was 0.70%. And the median was 4.13%.

Propel Holdings's Dividends per Share for the months ended in Dec. 2023 was C$0.10.

During the past 12 months, Propel Holdings's average Dividends Per Share Growth Rate was -0.50% per year.

The growth rate is calculated with least square regression.

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

Propel Holdings Dividend Payout Ratio Historical Data

The historical data trend for Propel 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.

* Premium members only.

Propel Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.08

0.30

0.19

Propel Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio													0.28	0.21	0.22	0.19	0.17

Competitive Comparison

For the Credit Services subindustry, Propel 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.

Propel Holdings Dividend Payout Ratio Distribution

For the Credit Services industry and Financial Services sector, Propel Holdings's Dividend Payout Ratio distribution charts can be found below:

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

Propel Holdings Dividend Payout Ratio Calculation

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

Propel 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 )
	=	0.395	/	2.048
	=	0.19

Propel Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.104	/	0.618
	=	0.17

Propel Holdings (TSX:PRL) 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.

Propel Holdings Dividend Payout Ratio Related Terms

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

Propel Holdings (TSX:PRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Propel Holdings Inc (TSX:PRL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PRLPF:USA 8KO:Germany

Address

69 Yonge Street, Suite 1500, Toronto, ON, CAN, M5E 1K3

Website

https://www.propelholdings.com

Propel Holdings Inc is an innovative financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, industry-leading online lending platform. Propel, through its operating brands, is dedicated to bringing appropriate credit solutions to consumers in Canada and the United States. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora.

Propel Holdings (TSX:PRL) Headlines

No Headlines