Artistic Denim Mills Dividend
Dividend criteria checks 3/6
Artistic Denim Mills is a dividend paying company with a current yield of 8.08% that is well covered by earnings.
Key information
8.1%
Dividend yield
53%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨3.500 |
| Earnings per share | PK₨6.66 |
| Dividend yield forecast | n/a |
Recent dividend 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 increased over the past 10 years.
Dividend Yield vs Market
| Artistic Denim Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADMM) | 8.1% |
| Market Bottom 25% (PK) | 4.0% |
| Market Top 25% (PK) | 11.9% |
| Industry Average (Luxury) | 5.4% |
| Analyst forecast (ADMM) (up to 3 years) | n/a |
Notable Dividend: ADMM's dividend (8.08%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: ADMM's dividend (8.08%) is low compared to the top 25% of dividend payers in the PK market (11.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), ADMM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ADMM is paying a dividend but the company has no free cash flows.