Pak-Gulf Leasing Dividend
Dividend criteria checks 3/6
Pak-Gulf Leasing is a dividend paying company with a current yield of 22.61%.
Key information
22.6%
Dividend yield
0%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨1.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PGLC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PGLC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Pak-Gulf Leasing Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PGLC) | 22.6% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Diversified Financial) | 2.5% |
Analyst forecast in 3 Years (PGLC) | n/a |
Notable Dividend: PGLC's dividend (22.61%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: PGLC's dividend (22.61%) is in the top 25% of dividend payers in the PK market (12.9%)
Earnings Payout to Shareholders
Earnings Coverage: Unable to calculate sustainability of dividends as PGLC has not reported any payouts.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21%), PGLC's dividend payments are well covered by cash flows.