First Imrooz Modaraba Dividends and Buybacks
Dividend criteria checks 3/6
First Imrooz Modaraba is a dividend paying company with a current yield of 6.95% that is well covered by earnings.
Key information
7.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨15.000 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FIMM's dividend payments have been volatile in the past 10 years.
Growing Dividend: FIMM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| First Imrooz Modaraba Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FIMM) | 7.0% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.6% |
| Industry Average (Commercial Services) | 2.1% |
| Analyst forecast (FIMM) (up to 3 years) | n/a |
Notable Dividend: FIMM's dividend (6.95%) is higher than the bottom 25% of dividend payers in the PK market (3.74%).
High Dividend: FIMM's dividend (6.95%) is low compared to the top 25% of dividend payers in the PK market (11.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), FIMM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (128.8%), FIMM's dividend payments are not well covered by cash flows.