Cherat Cement Dividend
Dividend criteria checks 2/6
Cherat Cement is a dividend paying company with a current yield of 2.66% that is well covered by earnings.
Key information
2.7%
Dividend yield
24%
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₨24.53 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHCC's dividend payments have been volatile in the past 10 years.
Growing Dividend: CHCC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cherat Cement Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CHCC) | 2.7% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.3% |
Industry Average (Basic Materials) | 4.7% |
Analyst forecast in 3 Years (CHCC) | 4.9% |
High Dividend: CHCC's dividend (2.66%) is low compared to the top 25% of dividend payers in the PK market (12.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.5%), CHCC's dividend payments are well covered by earnings.