Bank Alfalah Dividend
Dividend criteria checks 5/6
Bank Alfalah is a dividend paying company with a current yield of 11.9% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 29th October, 2024.
Key information
11.9%
Dividend yield
5.7%
Buyback Yield
| Total Shareholder Yield | 17.6% |
| Future Dividend Yield | 14.5% |
| Dividend Growth | 21.8% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 29 Oct 24 |
| Dividend per share | PK₨8.000 |
| Payout ratio | 39% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BAFL's dividend payments have been volatile in the past 10 years.
Growing Dividend: BAFL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank Alfalah Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BAFL) | 11.9% |
| Market Bottom 25% (PK) | 3.9% |
| Market Top 25% (PK) | 11.3% |
| Industry Average (Banks) | 13.8% |
| Analyst forecast (BAFL) (up to 3 years) | 14.5% |
Notable Dividend: BAFL's dividend (11.9%) is higher than the bottom 25% of dividend payers in the PK market (3.89%).
High Dividend: BAFL's dividend (11.9%) is in the top 25% of dividend payers in the PK market (11.27%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), BAFL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAFL's dividends in 3 years are forecast to be well covered by earnings (41.9% payout ratio).