Askari Bank Dividend
Dividend criteria checks 3/6
Askari Bank is a dividend paying company with a current yield of 11.42% that is well covered by earnings.
Key information
11.4%
Dividend yield
17%
Payout ratio
Industry average yield | 16.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨14.83 |
Dividend yield forecast in 3Y | 16.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AKBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: AKBL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Askari Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AKBL) | 11.4% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Banks) | 16.8% |
Analyst forecast in 3 Years (AKBL) | 16.0% |
Notable Dividend: AKBL's dividend (11.42%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: AKBL's dividend (11.42%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), AKBL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.