Bestway Cement Dividends and Buybacks
Dividend criteria checks 3/6
Bestway Cement is a dividend paying company with a current yield of 8.69%. Last payment was on 26th November, 2024 with an ex-dividend date of 1st November, 2024.
Key information
8.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.2% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | PK₨26.000 |
| Payout ratio | 113% |
Recent dividend and buyback 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) | 8.7% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.8% |
| Industry Average (Basic Materials) | 4.2% |
| Analyst forecast (BWCL) (up to 3 years) | n/a |
Notable Dividend: BWCL's dividend (8.69%) is higher than the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: BWCL's dividend (8.69%) is low compared to the top 25% of dividend payers in the PK market (10.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (113.2%), BWCL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.1%), BWCL's dividend payments are covered by cash flows.