First Prudential Modaraba Dividends and Buybacks
Dividend criteria checks 3/6
First Prudential Modaraba is a dividend paying company with a current yield of 9.71% that is well covered by earnings.
Key information
9.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨0.300 |
| Payout ratio | 88% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PMI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PMI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| First Prudential Modaraba Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PMI) | 9.7% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.0% |
| Industry Average (Diversified Financial) | 20.3% |
| Analyst forecast (PMI) (up to 3 years) | n/a |
Notable Dividend: PMI's dividend (9.71%) is higher than the bottom 25% of dividend payers in the PK market (3.62%).
High Dividend: PMI's dividend (9.71%) is low compared to the top 25% of dividend payers in the PK market (11.01%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.3%), PMI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.6%), PMI's dividend payments are thoroughly covered by cash flows.