If you own the stock Petron Corporation (PCOR), it might interest you to find out the Dividend Yield and Dividend Payment History of the stock in recent years.
For 2017, PCOR distributed total dividends of PHP 0.10 per share. PCOR’s Dividend Yield that year was 1.09%, a slight increase from the 1.01% dividend yield paid in 2016.
Still compared to 2016, the nominal dividend amount of PHP 0.10 per share paid in 2017 is exactly the same as the amount paid in the previous year.
View the tables below to see PCOR’s dividend yield and payment history in the last five years.
Petron Corporation (PCOR)’s Dividend Yield
| Year | Dividends per Share (in PHP) | Dividend Yield (Year-end %) |
|---|---|---|
| 2013 | 0.05 | 0.36% |
| 2014 | 0.05 | 0.47% |
| 2015 | 0.05 | 0.72% |
| 2016 | 0.1 | 1.01% |
| 2017 | 0.1 | 1.09% |
Petron Corporation (PCOR)’s Dividend History
| Year | Dividend Type | Amount | Ex-Dividend Date | Declaration Date | Record Date | Payable Date |
|---|---|---|---|---|---|---|
| 2018 | Cash Dividends | PHP 0.15 | 3/22/2018 | 3/13/2018 | 3/27/2018 | 4/18/2018 |
| 2017 | Cash Dividends | PHP 0.10 | 3/23/2017 | 3/14/2017 | 3/28/2017 | 4/12/2017 |
| 2016 | Cash Dividends | PHP 0.10 | 3/28/2016 | 3/15/2016 | 3/31/2016 | 4/14/2016 |
| 2015 | Cash Dividends | PHP 0.05 | 3/27/2015 | 3/17/2015 | 4/1/2015 | 4/16/2015 |
| 2014 | Cash Dividends | PHP 0.05 | 4/3/2014 | 3/24/2014 | 4/8/2014 | 4/23/2014 |
| 2013 | Cash Dividends | PHP 0.05 | 4/8/2013 | 3/18/2013 | 4/12/2013 | 5/8/2013 |
How to Compute the Dividend Yield?
The Dividend Yield shows the dividend income paid to the stockholder as a percentage of stock price, computed using this formula:
- Total Dividends Paid / Stock Price
Take, for example, a company whose stock price is currently P100.00 and which paid dividends of P5.00. The Dividend Yield, in this case, is 5% (computed as P5.00 divided by P100.00).
The higher the dividend yield, therefore, the higher the income that stockholders receive. Clearly, it is potentially lucrative to invest in stocks that pay consistent, sustainable, and above-average dividend yields.
What are Important Dates related to Dividend Payments?
Here are relevant dates you need to know about Dividend Distributions:
| Date | What It Means |
|---|---|
| Declaration Date | The company's announcement or declaration date that it will be distributing dividends |
| Ex-Date | Also called "Ex-Dividend Date," this is the first day a buyer of a stock is NOT entitled or is EX-cluded from receiving dividends |
| Record Date | The date a stockholder should be "recorded" in the books of the company to be eligible to receive dividends |
| Payment Date | The date dividends are actually paid to eligible shareholders |
Take note that stock prices typically rise from the time the dividend was announced (Declaration Date) until the Ex-Date (the first day when buying a stock does NOT entitle the buyer to the dividends).
Stock prices would fluctuate and possibly rise right before the Ex-Date because investors are scrambling to buy the stock in order to be entitled to receive dividends. Historically, as well, stock prices start to decline from the Ex-Date onwards since those who bought the stock, just to receive dividends, start selling it because they have already earned the right to receive the dividends.
