GOC (Pak) Dividend
Dividend criteria checks 2/6
GOC (Pak) is a dividend paying company with a current yield of 3.64% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 17th October, 2024.
Key information
3.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.3% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 17 Oct 24 |
| Dividend per share | PK₨2.000 |
| Payout ratio | 15% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GOC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GOC has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| GOC (Pak) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GOC) | 3.6% |
| Market Bottom 25% (PK) | 3.8% |
| Market Top 25% (PK) | 11.3% |
| Industry Average (Leisure) | 2.0% |
| Analyst forecast (GOC) (up to 3 years) | n/a |
Notable Dividend: GOC's dividend (3.64%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.89%).
High Dividend: GOC's dividend (3.64%) is low compared to the top 25% of dividend payers in the PK market (11.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.9%), GOC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.5%), GOC's dividend payments are well covered by cash flows.