BBS Cables Dividend
Dividend criteria checks 2/6
BBS Cables is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
43%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳0.018 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BBSCABLES has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BBSCABLES has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
BBS Cables Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BBSCABLES) | 0.6% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Electrical) | 1.6% |
Analyst forecast in 3 Years (BBSCABLES) | n/a |
Notable Dividend: BBSCABLES's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: BBSCABLES's dividend (0.63%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), BBSCABLES's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.6%), BBSCABLES's dividend payments are thoroughly covered by cash flows.