Cherat Packaging Dividend
Dividend criteria checks 3/6
Cherat Packaging is a dividend paying company with a current yield of 2.29% that is well covered by earnings.
Key information
2.3%
Dividend yield
21%
Payout ratio
Industry average yield | 8.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨18.61 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CPPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: CPPL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cherat Packaging Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CPPL) | 2.3% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.4% |
Industry Average (Packaging) | 8.0% |
Analyst forecast in 3 Years (CPPL) | n/a |
Notable Dividend: CPPL's dividend (2.29%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (4.06%).
High Dividend: CPPL's dividend (2.29%) is low compared to the top 25% of dividend payers in the PK market (12.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.2%), CPPL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.6%), CPPL's dividend payments are thoroughly covered by cash flows.