Reliance Cotton Spinning Mills Dividend
Dividend criteria checks 0/6
Reliance Cotton Spinning Mills is a dividend paying company with a current yield of 0.68%. Next payment date is on 18th November, 2024 with an ex-dividend date of 18th October, 2024.
Key information
0.7%
Dividend yield
5%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | 18 Nov 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | PK₨4.000 |
| Earnings per share | PK₨82.16 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCML is not paying a notable dividend for the PK market, therefore no need to check if payments are stable.
Growing Dividend: RCML is not paying a notable dividend for the PK market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Reliance Cotton Spinning Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RCML) | 0.7% |
| Market Bottom 25% (PK) | 4.0% |
| Market Top 25% (PK) | 11.9% |
| Industry Average (Luxury) | 5.4% |
| Analyst forecast (RCML) (up to 3 years) | n/a |
Notable Dividend: RCML's dividend (0.68%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (4%).
High Dividend: RCML's dividend (0.68%) is low compared to the top 25% of dividend payers in the PK market (11.88%).
Earnings Payout to Shareholders
Earnings Coverage: RCML is not paying a notable dividend for the PK market.
Cash Payout to Shareholders
Cash Flow Coverage: RCML is paying a dividend but the company has no free cash flows.