Aftab Automobiles Dividends and Buybacks
Dividend criteria checks 3/6
Aftab Automobiles is a dividend paying company with a current yield of 2.94%. Next payment date is on 23rd January, 2025 with an ex-dividend date of 19th November, 2024.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.6% |
| Next dividend pay date | 23 Jan 25 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | ৳1.000 |
| Payout ratio | -71% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFTABAUTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: AFTABAUTO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Aftab Automobiles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFTABAUTO) | 2.9% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Auto) | 3.1% |
| Analyst forecast (AFTABAUTO) (up to 3 years) | n/a |
Notable Dividend: AFTABAUTO's dividend (2.94%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: AFTABAUTO's dividend (2.94%) is low compared to the top 25% of dividend payers in the BD market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: AFTABAUTO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.4%), AFTABAUTO's dividend payments are well covered by cash flows.