Pacific Current (PAC.AX) Dividend: History, Dates & Yield - 2025
Dividend History
Pacific Current announced a semi annually dividend of A$0.23 per ordinary share, payable on 2024-10-03, with an ex-dividend date of 2024-09-04. Pacific Current typically pays dividends two times a year, compared to A$0.38 in 2024.
Find details on Pacific Current's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | A$0.23 | semi annually | 2024-10-03 |
2024-03-05 | A$0.15 | semi annually | 2024-04-11 |
2023-09-06 | A$0.23 | semi annually | 2023-10-12 |
2023-03-07 | A$0.15 | semi annually | 2023-04-13 |
2022-09-07 | A$0.23 | semi annually | 2022-10-11 |
2022-03-02 | A$0.15 | semi annually | 2022-04-14 |
2021-09-08 | A$0.26 | semi annually | 2021-10-07 |
2021-03-03 | A$0.10 | semi annually | 2021-04-15 |
2020-09-17 | A$0.25 | semi annually | 2020-10-23 |
2020-03-04 | A$0.10 | semi annually | 2020-04-02 |
Dividend Increase
Pacific Current's dividend growth over the last five years (2020-2024) was 9.68% per year, while over the last ten years (2015-2024), it was 0.83% per year. In comparison, Navigator Global Investments has seen an average growth rate of -24.32% over the past five years and Pinnacle Investment Management's growth rate was 25.57%.
By comparing Pacific Current's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Pacific Current's current trailing twelve-month (TTM) dividend yield is 3.23%. Over the last 12 months, Pacific Current has maintained this yield, but how does it compare to similar stocks? For example, Navigator Global Investments offers a yield of 2.63%, while Pinnacle Investment Management provides a yield of 1.64%. Comparing similar stocks can help investors assess Pacific Current's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Pacific Current (PAC.AX) | 3.22% | A$0.38 | A$11.79 |
Navigator Global Investments (NGI.AX) | 2.63% | A$0.04463 | A$1.645 |
Pinnacle Investment Management (PNI.AX) | 1.64% | A$0.42000000000000004 | A$25.39 |
Dividend Yield Calculator
Interested in purchasing Pacific Current stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Pacific Current has a payout ratio of 0.18%. In comparison, Navigator Global Investments has a payout ratio of 0.14%, while Pinnacle Investment Management's payout ratio is 0.79%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Pacific Current
Frequently Asked Question
Other factors to consider when evaluating Pacific Current as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Pacific Current stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Pacific Current's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Pacific Current publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Pacific Current distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Pacific Current are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Pacific Current sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Pacific Current distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pacific Current declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Pacific Current's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Pacific Current's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.