Panther Tyres Dividend
Dividend criteria checks 3/6
Panther Tyres is a dividend paying company with a current yield of 4.99% that is well covered by earnings.
Key information
5.0%
Dividend yield
34%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨5.95 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PTL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Panther Tyres Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PTL) | 5.0% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Auto Components) | 3.1% |
Analyst forecast in 3 Years (PTL) | n/a |
Notable Dividend: PTL's dividend (4.99%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: PTL's dividend (4.99%) is low compared to the top 25% of dividend payers in the PK market (12.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.6%), PTL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), PTL's dividend payments are well covered by cash flows.