Tariq Glass Industries Dividend
Dividend criteria checks 4/6
Tariq Glass Industries is a dividend paying company with a current yield of 5.33% that is well covered by earnings.
Key information
5.3%
Dividend yield
27%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨22.10 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TGL's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tariq Glass Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TGL) | 5.3% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Consumer Durables) | 2.6% |
Analyst forecast in 3 Years (TGL) | 5.3% |
Notable Dividend: TGL's dividend (5.33%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: TGL's dividend (5.33%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.1%), TGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.5%), TGL's dividend payments are well covered by cash flows.