Salvo Chemical Industry Dividends and Buybacks
Dividend criteria checks 1/6
Salvo Chemical Industry is a dividend paying company with a current yield of 1.07% that is well covered by earnings. Next payment date is on 28th January, 2025 with an ex-dividend date of 24th November, 2024.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.4% |
| Next dividend pay date | 28 Jan 25 |
| Ex dividend date | 24 Nov 24 |
| Dividend per share | ৳0.250 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SALVOCHEM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SALVOCHEM's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Salvo Chemical Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SALVOCHEM) | 1.1% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Chemicals) | 7.5% |
| Analyst forecast (SALVOCHEM) (up to 3 years) | n/a |
Notable Dividend: SALVOCHEM's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: SALVOCHEM's dividend (1.07%) is low compared to the top 25% of dividend payers in the BD market (4.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.5%), SALVOCHEM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SALVOCHEM is paying a dividend but the company has no free cash flows.