Published on 11 May 2024 on Simply Wall St. via Yahoo Finance
Phibro Animal Health Corporation's (NASDAQ:PAHC) investors are due to receive a payment of $0.12 per share on 26th of June. This means that the annual payment will be 2.7% of the current stock price, which is in line with the average for the industry.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Phibro Animal Health's stock price has increased by 52% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield.