Reliance Cotton Spinning Mills Dividends and Buybacks
Dividend criteria checks 0/6
Reliance Cotton Spinning Mills is a dividend paying company with a current yield of 0.6%.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -18.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨4.000 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
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) | 0.6% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.9% |
| Industry Average (Luxury) | 4.2% |
| Analyst forecast (RCML) (up to 3 years) | n/a |
Notable Dividend: RCML's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.57%).
High Dividend: RCML's dividend (0.6%) is low compared to the top 25% of dividend payers in the PK market (11.26%).
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 not paying a notable dividend for the PK market.