Artistic Denim Mills Dividends and Buybacks
Dividend criteria checks 2/6
Artistic Denim Mills is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.3%
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₨1.000 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ADMM's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADMM's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Artistic Denim Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADMM) | 2.3% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.9% |
| Industry Average (Luxury) | 4.2% |
| Analyst forecast (ADMM) (up to 3 years) | n/a |
Notable Dividend: ADMM's dividend (2.35%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: ADMM's dividend (2.35%) is low compared to the top 25% of dividend payers in the PK market (10.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), ADMM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.2%), ADMM's dividend payments are well covered by cash flows.