Noon Sugar Mills Dividends and Buybacks
Dividend criteria checks 2/6
Noon Sugar Mills is a dividend paying company with a current yield of 4.92% that is well covered by earnings.
Key information
4.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨4.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NONS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NONS's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Noon Sugar Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NONS) | 4.9% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.0% |
| Industry Average (Food) | 3.8% |
| Analyst forecast (NONS) (up to 3 years) | n/a |
Notable Dividend: NONS's dividend (4.92%) is higher than the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: NONS's dividend (4.92%) is low compared to the top 25% of dividend payers in the PK market (10.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), NONS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NONS is paying a dividend but the company has no free cash flows.