Protective Insurance Corporation - Class B (nonvoting) (PTVCB) Dividends
Dividend Yield and Dividend History Highlights
- In terms of compounded growth rate of annual dividends, PTVCB's growth rate has been -0.15% over the past 5.75 years.
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -11.63 -- higher than only 9.15% of other dividend issuers in the US.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that PTVCB has less fluctuation in its price than 95.54% of stocks we're observing.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PTVCB that may be suitable potential portfolio mates: TWIN, STON, SJM, FGBI and JE.
PTVCB Price Forecast Based on Dividend Discount Model
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A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for PTVCB, the DDM model, as implemented by StockNews, implies a negative return of 26.93% relative to its current price. Digging deeper, the aspects of Protective Insurance Corp's dividend discount model that we found most interesting were:
- Beta, a measure of volatility relative to the stock market overall, is lower for PTVCB than it is for 75.59% of other equities in the Financial Services sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, Protective Insurance Corp has been increasing its dividends at a faster rate than 3.43% of US-listed dividend-issuing stocks we observed.
- As other dividend issuers in the Financial Services sector, PTVCB's equity discount rate is less than 68.5% of those stocks.
PTVCB Dividend Chart
PTVCB Dividend History
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PTVCB Dividends vs. Peers
Looking for More Information on PTVCB dividends?Here are a few links from around the web to help you further your research on Protective Insurance Corp and its dividends:
Protective Insurance Corp Common Stock (PTVCB) Dividend History | Nasdaq
Dividend History for Protective Insurance Corp (PTVCB) - Dividend Investor
Protective Insurance Corp (PTVCB) Dividend History - Seeking Alpha