Aramit Dividends and Buybacks
Dividend criteria checks 1/6
Aramit is a dividend paying company with a current yield of 1.22%. Next payment date is on 29th January, 2025 with an ex-dividend date of 8th December, 2024.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.0% |
| Next dividend pay date | 29 Jan 25 |
| Ex dividend date | 08 Dec 24 |
| Dividend per share | ৳2.000 |
| Payout ratio | 324% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARAMIT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ARAMIT has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Aramit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARAMIT) | 1.2% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Basic Materials) | 5.4% |
| Analyst forecast (ARAMIT) (up to 3 years) | n/a |
Notable Dividend: ARAMIT's dividend (1.22%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: ARAMIT's dividend (1.22%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (324%), ARAMIT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ARAMIT is paying a dividend but the company has no free cash flows.