Ellcot Spinning Mills Dividend
Dividend criteria checks 2/6
Ellcot Spinning Mills is a dividend paying company with a current yield of 7.5% that is well covered by earnings.
Key information
7.0%
Dividend yield
29%
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₨34.79 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELSM's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELSM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Ellcot Spinning Mills Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ELSM) | 7.0% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.3% |
Industry Average (Luxury) | 5.2% |
Analyst forecast in 3 Years (ELSM) | n/a |
Notable Dividend: ELSM's dividend (7.5%) is higher than the bottom 25% of dividend payers in the PK market (4.09%).
High Dividend: ELSM's dividend (7.5%) is low compared to the top 25% of dividend payers in the PK market (12.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.7%), ELSM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate ELSM's cash payout ratio to determine if its dividend payments are covered by cash flows.