Orient Rental Modaraba Dividends and Buybacks
Dividend criteria checks 3/6
Orient Rental Modaraba is a dividend paying company with a current yield of 15.23% that is well covered by earnings.
Key information
15.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.200 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ORM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ORM's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Orient Rental Modaraba Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORM) | 15.2% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.6% |
| Industry Average (Trade Distributors) | 3.1% |
| Analyst forecast (ORM) (up to 3 years) | n/a |
Notable Dividend: ORM's dividend (15.23%) is higher than the bottom 25% of dividend payers in the PK market (3.56%).
High Dividend: ORM's dividend (15.23%) is in the top 25% of dividend payers in the PK market (10.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), ORM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ORM is paying a dividend but the company has no free cash flows.