Noon Sugar Mills Dividend
Dividend criteria checks 3/6
Noon Sugar Mills is a dividend paying company with a current yield of 4.38% that is well covered by earnings.
Key information
4.4%
Dividend yield
12%
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₨32.73 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 7 years.
Dividend Yield vs Market
Noon Sugar Mills Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NONS) | 4.4% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 12.7% |
Industry Average (Food) | 3.0% |
Analyst forecast in 3 Years (NONS) | n/a |
Notable Dividend: NONS's dividend (4.38%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: NONS's dividend (4.38%) is low compared to the top 25% of dividend payers in the PK market (12.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.2%), NONS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.7%), NONS's dividend payments are thoroughly covered by cash flows.