Exide Pakistan Dividend
Dividend criteria checks 2/6
Exide Pakistan is a dividend paying company with a current yield of 1.53% that is well covered by earnings. Next payment date is on 20th August, 2024 with an ex-dividend date of 19th July, 2024.
Key information
1.5%
Dividend yield
6%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 20 Aug 24 |
| Ex dividend date | 19 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | PK₨172.40 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EXIDE's dividend payments have been volatile in the past 10 years.
Growing Dividend: EXIDE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Exide Pakistan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EXIDE) | 1.5% |
| Market Bottom 25% (PK) | 3.4% |
| Market Top 25% (PK) | 11.9% |
| Industry Average (Auto Components) | 2.5% |
| Analyst forecast in 3 Years (EXIDE) | n/a |
Notable Dividend: EXIDE's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.36%).
High Dividend: EXIDE's dividend (1.53%) is low compared to the top 25% of dividend payers in the PK market (11.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), EXIDE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EXIDE is paying a dividend but the company has no free cash flows.