PKN Dividend yield




   PLN/share 
 Price  64.24
 Dividend  3.50
 Earnings  9.73
 Cash-flow  11.27
 Book value  45.89
 Equity  40.04

PKN is part of Oil and Gas Producers business, which is part of Oil and Gas industry. PKN is a company from Poland, and his stocks are publicly traded.

PKN paid a total dividend of 4,064 million PLN last year, for a market value of 74,583 millions (Market Cap 37,006 millions). Dividend per share of PKN is 3.50 PLN, and his stock market price 64.24 PLN.

According to the chart below, where dividend yield is displayed, PKN has a dividend yield of 5.45%, which is higher than the amount offered by both the market average and companies from Poland. It is also bigger than average of Oil and Gas 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 PKN dividend yield with other Oil and Gas Producers companies or firms from Poland.

Dividend yield of PKN

PKN Dividend Payout

About the ability of PKN to maintain his current dividend of PLN 3.50 per share, an amount that accounts for 5.45%, we should study its payout ratio both on earnings and on cash-flows (see chart below). PKN payout on ernings is currently 35.97%, which is lower than the market average and companies of Oil and Gas industry, which are 41.22% and 58.03% respectively. Both figures lead us to believe that there is confidence that PKNcan maintain his current dividend.

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 PKN is PLN 11.27 per share, which is higher than the dividend per share paid by the company of PLN 3.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of PKN, compared againt world market average, Poland companies, Oil and Gas industry and Oil and Gas Producers sector companies.

PKN payout

PKN Dividend History

Year Yield  PLN  Paypout  Shares* 
Present5.45%3.5035.97%1,161
20214.71%3.5051.78%428
20201.73%1.009.70%428
20194.08%3.5026.52%428
20182.77%3.0019.14%428
20172.83%3.0024.06%428
20162.62%2.0029.54%428
20152.43%1.65-12.39%428

*In millions

PKN Stock performance

Finally, last moth PKN showed a return of -1.60% compared to a worldwide -2.30% average, and a -2.60% of Oil and Gas firms. Over the last year, the company obtained a -13.60% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Poland and Oil and Gas Producers firms.

PKN stock and market return