Orient Rental Modaraba Dividend
Dividend criteria checks 4/6
Orient Rental Modaraba is a dividend paying company with a current yield of 14.31% that is well covered by earnings.
Key information
14.3%
Dividend yield
37%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨2.68 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (ORM) | 14.3% |
Market Bottom 25% (PK) | 3.8% |
Market Top 25% (PK) | 12.5% |
Industry Average (Trade Distributors) | 2.4% |
Analyst forecast in 3 Years (ORM) | n/a |
Notable Dividend: ORM's dividend (14.31%) is higher than the bottom 25% of dividend payers in the PK market (3.79%).
High Dividend: ORM's dividend (14.31%) is in the top 25% of dividend payers in the PK market (12.46%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), ORM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), ORM's dividend payments are well covered by cash flows.