Provident Payout Ratio from 2010 to 2024

PROV Stock  USD 16.41  0.10  0.61%   
Provident Financial Payout Ratio yearly trend continues to be fairly stable with very little volatility. Payout Ratio will likely drop to 0.49 in 2024. During the period from 2010 to 2024, Provident Financial Payout Ratio regression line of quarterly data had mean square error of  0.21 and geometric mean of  0.28. View All Fundamentals
 
Payout Ratio  
First Reported
2010-12-31
Previous Quarter
0.5287716
Current Value
0.49
Quarterly Volatility
0.46141428
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Provident Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 19.3 M or Selling General Administrative of 27 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0478 or PTB Ratio of 1.06. Provident financial statements analysis is a perfect complement when working with Provident Financial Valuation or Volatility modules.
  
Check out the analysis of Provident Financial Correlation against competitors.

Latest Provident Financial's Payout Ratio Growth Pattern

Below is the plot of the Payout Ratio of Provident Financial Holdings over the last few years. Payout Ratio is the proportion of Provident Financial Holdings earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Provident Financial dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Provident Financial is paying out more in dividends than it makes in net income. It is Provident Financial's Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Provident Financial's overall financial position and show how it may be relating to other accounts over time.
Payout Ratio10 Years Trend
Pretty Stable
   Payout Ratio   
       Timeline  

Provident Payout Ratio Regression Statistics

Arithmetic Mean0.57
Geometric Mean0.28
Coefficient Of Variation81.06
Mean Deviation0.27
Median0.52
Standard Deviation0.46
Sample Variance0.21
Range1.9839
R-Value0.26
Mean Square Error0.21
R-Squared0.07
Significance0.34
Slope0.03
Total Sum of Squares2.98

Provident Payout Ratio History

2024 0.49
2023 0.53
2022 0.47
2021 0.46
2020 0.55
2019 0.54
2018 0.95

Other Fundumenentals of Provident Financial

Provident Financial Payout Ratio component correlations

0.710.440.820.351.00.110.87-0.23-0.430.13-0.770.17-0.91-0.340.45-0.330.160.28-0.33-0.360.360.33
0.71-0.240.59-0.150.660.470.68-0.15-0.25-0.35-0.28-0.35-0.610.33-0.10.14-0.2-0.040.220.070.050.01
0.44-0.240.340.780.5-0.430.310.15-0.310.69-0.590.61-0.4-0.80.86-0.60.360.5-0.66-0.690.680.66
0.820.590.340.070.820.270.97-0.42-0.680.07-0.880.25-0.95-0.310.43-0.20.230.46-0.46-0.290.150.12
0.35-0.150.780.070.39-0.360.150.44-0.020.73-0.280.63-0.21-0.640.78-0.630.10.37-0.57-0.670.720.81
1.00.660.50.820.390.070.86-0.23-0.430.18-0.80.21-0.91-0.40.49-0.360.190.31-0.38-0.40.380.35
0.110.47-0.430.27-0.360.070.21-0.24-0.5-0.39-0.06-0.24-0.170.4-0.260.3-0.03-0.180.20.28-0.09-0.26
0.870.680.310.970.150.860.21-0.35-0.550.15-0.810.21-0.95-0.280.44-0.170.20.39-0.39-0.250.180.22
-0.23-0.150.15-0.420.44-0.23-0.24-0.350.470.160.5-0.050.460.250.03-0.02-0.360.110.14-0.220.550.27
-0.43-0.25-0.31-0.68-0.02-0.43-0.5-0.550.470.00.74-0.230.650.39-0.430.18-0.33-0.410.420.28-0.1-0.17
0.13-0.350.690.070.730.18-0.390.150.160.0-0.210.6-0.11-0.670.75-0.440.270.31-0.46-0.360.510.76
-0.77-0.28-0.59-0.88-0.28-0.8-0.06-0.810.50.74-0.21-0.440.920.67-0.60.42-0.41-0.530.680.48-0.16-0.23
0.17-0.350.610.250.630.21-0.240.21-0.05-0.230.6-0.44-0.25-0.620.77-0.810.010.51-0.87-0.620.390.47
-0.91-0.61-0.4-0.95-0.21-0.91-0.17-0.950.460.65-0.110.92-0.250.46-0.480.29-0.28-0.420.480.35-0.15-0.22
-0.340.33-0.8-0.31-0.64-0.40.4-0.280.250.39-0.670.67-0.620.46-0.760.54-0.54-0.430.70.54-0.27-0.56
0.45-0.10.860.430.780.49-0.260.440.03-0.430.75-0.60.77-0.48-0.76-0.740.150.59-0.78-0.720.610.84
-0.330.14-0.6-0.2-0.63-0.360.3-0.17-0.020.18-0.440.42-0.810.290.54-0.740.32-0.610.80.78-0.46-0.55
0.16-0.20.360.230.10.19-0.030.2-0.36-0.330.27-0.410.01-0.28-0.540.150.32-0.22-0.040.15-0.120.01
0.28-0.040.50.460.370.31-0.180.390.11-0.410.31-0.530.51-0.42-0.430.59-0.61-0.22-0.71-0.630.270.33
-0.330.22-0.66-0.46-0.57-0.380.2-0.390.140.42-0.460.68-0.870.480.7-0.780.8-0.04-0.710.75-0.28-0.4
-0.360.07-0.69-0.29-0.67-0.40.28-0.25-0.220.28-0.360.48-0.620.350.54-0.720.780.15-0.630.75-0.52-0.54
0.360.050.680.150.720.38-0.090.180.55-0.10.51-0.160.39-0.15-0.270.61-0.46-0.120.27-0.28-0.520.66
0.330.010.660.120.810.35-0.260.220.27-0.170.76-0.230.47-0.22-0.560.84-0.550.010.33-0.4-0.540.66
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About Provident Financial Financial Statements

Provident Financial investors use historical fundamental indicators, such as Provident Financial's Payout Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Provident Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payout Ratio 0.53  0.49 
Dividend Payout Ratio 0.53  0.49 

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Additional Tools for Provident Stock Analysis

When running Provident Financial's price analysis, check to measure Provident Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Provident Financial is operating at the current time. Most of Provident Financial's value examination focuses on studying past and present price action to predict the probability of Provident Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provident Financial's price. Additionally, you may evaluate how the addition of Provident Financial to your portfolios can decrease your overall portfolio volatility.