Bestway Cement Dividend
Dividend criteria checks 4/6
Bestway Cement is a dividend paying company with a current yield of 9.78% that is well covered by earnings.
Key information
9.8%
Dividend yield
34%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨17.73 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BWCL's dividend payments have been volatile in the past 10 years.
Growing Dividend: BWCL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bestway Cement Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BWCL) | 9.8% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Basic Materials) | 4.7% |
Analyst forecast in 3 Years (BWCL) | n/a |
Notable Dividend: BWCL's dividend (9.78%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: BWCL's dividend (9.78%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), BWCL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.2%), BWCL's dividend payments are covered by cash flows.