Industrias Penoles Dividend yield

Industrias Penoles is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Industrias Penoles is a company from Mexico, and his stocks are publicly traded.

Industrias Penoles paid a total dividend of 4,887 million MXN last year, for a market value of 113,947 millions (Market Cap 35,489 millions). Dividend per share of Industrias Penoles is 12.28 MXN, and his stock market price 286.30 MXN.

According to the chart below, where dividend yield is displayed, Industrias Penoles has a dividend yield of 4.29%, which is higher than the amount offered by both the market average and companies from Mexico. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Industrias Penoles dividend yield with other Industrial Metals and Mining companies or firms from Mexico.

Industrias Penoles Dividend Payout

About the ability of Industrias Penoles to maintain his current dividend of MXN 12.28 per share, an amount that accounts for 4.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Industrias Penoles payout on ernings is currently 44.61%, which is higher than the market average, and companies of Basic Materials industry, which are 39.89% and 43.65% respectively. Both figures show that Industrias Penoles can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Industrias Penoles is MXN 46.18 per share, which is higher than the dividend per share paid by the company of MXN 12.28, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Industrias Penoles, compared againt world market average, Mexico companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Industrias Penoles Stock performance

Finally, last moth Industrias Penoles showed a return of -11.20% compared to a worldwide -7.28% average, and a -8.58% of Basic Materials firms. Over the last year, the company obtained a -35.80% versus a worldwide performance of a -4.98%. More detailed information can be seen in the following graph for Mexico and Industrial Metals and Mining firms.