Ghandhara Tyre and Rubber Dividends and Buybacks
Dividend criteria checks 1/6
Ghandhara Tyre and Rubber is a dividend paying company with a current yield of 4.76%.
Key information
4.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.870 |
| Payout ratio | 127% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTYR's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTYR's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ghandhara Tyre and Rubber Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GTYR) | 4.8% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.3% |
| Industry Average (Auto Components) | 3.3% |
| Analyst forecast (GTYR) (up to 3 years) | n/a |
Notable Dividend: GTYR's dividend (4.76%) is higher than the bottom 25% of dividend payers in the PK market (3.57%).
High Dividend: GTYR's dividend (4.76%) is low compared to the top 25% of dividend payers in the PK market (11.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (126.8%), GTYR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (881.9%), GTYR's dividend payments are not well covered by cash flows.