First Prudential Modaraba Dividend
Dividend criteria checks 5/6
First Prudential Modaraba is a dividend paying company with a current yield of 16.95% that is well covered by earnings.
Key information
16.9%
Dividend yield
33%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨0.91 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: PMI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
First Prudential Modaraba Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PMI) | 16.9% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 12.7% |
Industry Average (Diversified Financial) | 2.4% |
Analyst forecast in 3 Years (PMI) | n/a |
Notable Dividend: PMI's dividend (16.95%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: PMI's dividend (16.95%) is in the top 25% of dividend payers in the PK market (12.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), PMI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.4%), PMI's dividend payments are covered by cash flows.