Sonali Paper & Board Mills Dividends and Buybacks
Dividend criteria checks 2/6
Sonali Paper & Board Mills is a dividend paying company with a current yield of 2.74%. Next payment date is on 19th January, 2025 with an ex-dividend date of 11th November, 2024.
Key information
2.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 62.5% |
| Next dividend pay date | 19 Jan 25 |
| Ex dividend date | 11 Nov 24 |
| Dividend per share | ৳4.000 |
| Payout ratio | 354% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SONALIPAPR has been paying a dividend for less than 10 years.
Growing Dividend: SONALIPAPR's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Sonali Paper & Board Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SONALIPAPR) | 2.7% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Forestry) | 2.1% |
| Analyst forecast (SONALIPAPR) (up to 3 years) | n/a |
Notable Dividend: SONALIPAPR's dividend (2.74%) is higher than the bottom 25% of dividend payers in the BD market (1.07%).
High Dividend: SONALIPAPR's dividend (2.74%) is low compared to the top 25% of dividend payers in the BD market (4.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (353.6%), SONALIPAPR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.4%), SONALIPAPR's dividend payments are well covered by cash flows.