Sindh Modaraba Dividends and Buybacks
Dividend criteria checks 4/6
Sindh Modaraba is a dividend paying company with a current yield of 12.51% that is well covered by earnings.
Key information
12.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.250 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SINDM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SINDM's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sindh Modaraba Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SINDM) | 12.5% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.2% |
| Industry Average (Capital Markets) | 9.4% |
| Analyst forecast (SINDM) (up to 3 years) | n/a |
Notable Dividend: SINDM's dividend (12.51%) is higher than the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: SINDM's dividend (12.51%) is in the top 25% of dividend payers in the PK market (10.84%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), SINDM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.5%), SINDM's dividend payments are well covered by cash flows.