Al-Noor Sugar Mills Dividends and Buybacks
Dividend criteria checks 4/6
Al-Noor Sugar Mills is a dividend paying company with a current yield of 11.38% that is well covered by earnings.
Key information
11.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 22.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨9.000 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALNRS's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALNRS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Al-Noor Sugar Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALNRS) | 11.4% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.9% |
| Industry Average (Food) | 3.8% |
| Analyst forecast (ALNRS) (up to 3 years) | n/a |
Notable Dividend: ALNRS's dividend (11.38%) is higher than the bottom 25% of dividend payers in the PK market (3.57%).
High Dividend: ALNRS's dividend (11.38%) is in the top 25% of dividend payers in the PK market (11.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.1%), ALNRS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALNRS is paying a dividend but the company has no free cash flows.