Ghani Value Glass Dividends and Buybacks
Dividend criteria checks 2/6
Ghani Value Glass is a dividend paying company with a current yield of 2.04% that is well covered by earnings.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.000 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GVGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GVGL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Ghani Value Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GVGL) | 2.0% |
| Market Bottom 25% (PK) | 3.3% |
| Market Top 25% (PK) | 10.0% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (GVGL) (up to 3 years) | n/a |
Notable Dividend: GVGL's dividend (2.04%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.33%).
High Dividend: GVGL's dividend (2.04%) is low compared to the top 25% of dividend payers in the PK market (10%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), GVGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.9%), GVGL's dividend payments are covered by cash flows.