Atlas Honda Dividend
Dividend criteria checks 4/6
Atlas Honda is a dividend paying company with a current yield of 12.59% that is well covered by earnings. Next payment date is on 22nd July, 2024 with an ex-dividend date of 12th June, 2024.
Key information
12.6%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 22 Jul 24 |
| Ex dividend date | 12 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | PK₨59.61 |
| Dividend yield forecast in 3Y | 12.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ATLH's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATLH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Atlas Honda Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ATLH) | 12.6% |
| Market Bottom 25% (PK) | 3.9% |
| Market Top 25% (PK) | 12.9% |
| Industry Average (Auto) | 2.2% |
| Analyst forecast in 3 Years (ATLH) | 12.6% |
Notable Dividend: ATLH's dividend (12.59%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: ATLH's dividend (12.59%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), ATLH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.8%), ATLH's dividend payments are covered by cash flows.