First Habib Modaraba Dividend
Dividend criteria checks 3/6
First Habib Modaraba is a dividend paying company with a current yield of 12.61% that is well covered by earnings. Next payment date is on 31st October, 2024 with an ex-dividend date of 2nd October, 2024.
Key information
12.6%
Dividend yield
34%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 31 Oct 24 |
| Ex dividend date | 02 Oct 24 |
| Dividend per share | PK₨2.100 |
| Earnings per share | PK₨6.23 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FHAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: FHAM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| First Habib Modaraba Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FHAM) | 12.6% |
| Market Bottom 25% (PK) | 4.0% |
| Market Top 25% (PK) | 12.0% |
| Industry Average (Consumer Finance) | 1.5% |
| Analyst forecast (FHAM) (up to 3 years) | n/a |
Notable Dividend: FHAM's dividend (12.61%) is higher than the bottom 25% of dividend payers in the PK market (4%).
High Dividend: FHAM's dividend (12.61%) is in the top 25% of dividend payers in the PK market (12.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), FHAM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FHAM is paying a dividend but the company has no free cash flows.