Q: IPL dividend percentage increases since 2004 have been 4.17, 4, 7.7, 8.3, 6.6, 8.2, 12.4, 11.9, 12.8, 5.3, 3.8 and 1.8. Current yield 7.57. Payout ratio 30% using op cash flow and 244% using free cash flow.
PPL dividend increases since 2004 have been, 8.5, 5.3, 10, 9.1, 8.3, 0, 0, 0, 2.6, 3.1 7.3, 4.7, 5.6, 7.4, 9.8 and 5.3. Current yield 4.94. Payout ratio based on op cash flow = 55%, on free cash flow 121%
Do you see a worrisome trend here especially for IPL and how secure do you feel the dividends are for both companies.? In your experience does the decreasing yearly percentage increases especially now for IPL, trending to zero, predicate a 0 % increase eventually or a dividend cut?
Thanks
Jeff
PPL dividend increases since 2004 have been, 8.5, 5.3, 10, 9.1, 8.3, 0, 0, 0, 2.6, 3.1 7.3, 4.7, 5.6, 7.4, 9.8 and 5.3. Current yield 4.94. Payout ratio based on op cash flow = 55%, on free cash flow 121%
Do you see a worrisome trend here especially for IPL and how secure do you feel the dividends are for both companies.? In your experience does the decreasing yearly percentage increases especially now for IPL, trending to zero, predicate a 0 % increase eventually or a dividend cut?
Thanks
Jeff