Pak-Gulf Leasing Dividends and Buybacks
Dividend criteria checks 3/6
Pak-Gulf Leasing is a dividend paying company with a current yield of 41.47%.
Key information
41.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨4.400 |
| Payout ratio | 111% |
Recent dividend and buyback 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) | 41.5% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.8% |
| Industry Average (Diversified Financial) | 20.1% |
| Analyst forecast (PGLC) (up to 3 years) | n/a |
Notable Dividend: PGLC's dividend (41.47%) is higher than the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: PGLC's dividend (41.47%) is in the top 25% of dividend payers in the PK market (10.84%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.9%), PGLC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.6%), PGLC's dividend payments are well covered by cash flows.