Singapore markets open in 3 hours 52 minutes
  • Straits Times Index

    3,276.36
    +36.30 (+1.12%)
     
  • S&P 500

    3,957.63
    -6.31 (-0.16%)
     
  • Dow

    33,852.53
    +3.07 (+0.01%)
     
  • Nasdaq

    10,983.78
    -65.72 (-0.59%)
     
  • BTC-USD

    16,491.25
    +245.66 (+1.51%)
     
  • CMC Crypto 200

    390.01
    +1.29 (+0.33%)
     
  • FTSE 100

    7,512.00
    +37.98 (+0.51%)
     
  • Gold

    1,762.60
    +7.30 (+0.42%)
     
  • Crude Oil

    78.50
    +1.26 (+1.63%)
     
  • 10-Yr Bond

    3.7480
    +0.0450 (+1.22%)
     
  • Nikkei

    28,027.84
    -134.99 (-0.48%)
     
  • Hang Seng

    18,204.68
    +906.74 (+5.24%)
     
  • FTSE Bursa Malaysia

    1,476.96
    -9.58 (-0.64%)
     
  • Jakarta Composite Index

    7,012.07
    -5.29 (-0.08%)
     
  • PSE Index

    6,780.78
    +99.31 (+1.49%)
     

Is PetMed's 4.3% Yield Safe?

Is PetMed's 4.3% Yield Safe?

Online pet pharmacy PetMed Express (NASDAQ: PETS) pays a relatively high dividend yield in the stock market today. Is PetMed's bottom line and free cash flow strong enough to sustain its current payout, or should income investors be swapping out this investment for a safer dividend stock to hold in their portfolios? On a per-share basis, PetMed's profit was $0.21 -- below its current quarterly dividend payment of $0.30.