Aramit Dividend
Dividend criteria checks 0/6
Aramit is a dividend paying company with a current yield of 1.21%.
Key information
1.2%
Dividend yield
324%
Payout ratio
| Industry average yield | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳2.500 |
| Earnings per share | ৳0.78 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
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) | 1.3% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Basic Materials) | 6.3% |
| Analyst forecast (ARAMIT) (up to 3 years) | n/a |
Notable Dividend: ARAMIT's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (1.31%).
High Dividend: ARAMIT's dividend (1.21%) is low compared to the top 25% of dividend payers in the BD market (4.48%).
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.