Honda Atlas Cars (Pakistan)

KASE:HCAR Stock Report

Mkt Cap: PK₨26.3b

Honda Atlas Cars (Pakistan) Dividend

What is Honda Atlas Cars (Pakistan) current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.80%

Current Dividend Yield

Dividend Yield vs Market

Honda Atlas Cars (Pakistan) Dividend Yield vs Market
How does HCAR dividend yield compare to the market?
SegmentDividend Yield
Company (HCAR)3.8%
Market Bottom 25% (PK)3.7%
Market Top 25% (PK)11.6%
Industry Average (Auto)2.5%
Analyst forecast in 3 Years (HCAR)4.7%

Notable Dividend: HCAR's dividend (3.8%) is higher than the bottom 25% of dividend payers in the PK market (3.71%).

High Dividend: HCAR's dividend (3.8%) is low compared to the top 25% of dividend payers in the PK market (11.62%).


Stability and Growth of Payments

Stable Dividend: HCAR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: HCAR's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.8%), HCAR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), HCAR's dividend payments are well covered by cash flows.


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