Al-Abbas Sugar Mills Dividend
Dividend criteria checks 4/6
Al-Abbas Sugar Mills is a dividend paying company with a current yield of 8.97% that is well covered by earnings.
Key information
9.0%
Dividend yield
22%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨249.80 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AABS's dividend payments have been volatile in the past 10 years.
Growing Dividend: AABS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Al-Abbas Sugar Mills Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AABS) | 9.0% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Food) | 3.0% |
Analyst forecast in 3 Years (AABS) | n/a |
Notable Dividend: AABS's dividend (8.97%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: AABS's dividend (8.97%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.4%), AABS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.2%), AABS's dividend payments are covered by cash flows.