Bhanero Textile Mills Dividend
Dividend criteria checks 2/6
Bhanero Textile Mills is a dividend paying company with a current yield of 3.32% that is well covered by earnings.
Key information
3.3%
Dividend yield
9%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨385.61 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BHAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: BHAT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bhanero Textile Mills Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BHAT) | 3.3% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.4% |
Industry Average (Luxury) | 5.2% |
Analyst forecast in 3 Years (BHAT) | n/a |
Notable Dividend: BHAT's dividend (3.32%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (4.06%).
High Dividend: BHAT's dividend (3.32%) is low compared to the top 25% of dividend payers in the PK market (12.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), BHAT's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BHAT is paying a dividend but the company has no free cash flows.