Crescent Steel and Allied Products Dividend
Dividend criteria checks 4/6
Crescent Steel and Allied Products is a dividend paying company with a current yield of 6.32% that is well covered by earnings. Next payment date is on 18th November, 2024 with an ex-dividend date of 16th October, 2024.
Key information
6.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.7% |
| Next dividend pay date | 18 Nov 24 |
| Ex dividend date | 16 Oct 24 |
| Dividend per share | PK₨7.000 |
| Payout ratio | 32% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSAP's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSAP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Crescent Steel and Allied Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSAP) | 6.3% |
| Market Bottom 25% (PK) | 3.8% |
| Market Top 25% (PK) | 11.3% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (CSAP) (up to 3 years) | n/a |
Notable Dividend: CSAP's dividend (6.32%) is higher than the bottom 25% of dividend payers in the PK market (3.89%).
High Dividend: CSAP's dividend (6.32%) is low compared to the top 25% of dividend payers in the PK market (11.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), CSAP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), CSAP's dividend payments are covered by cash flows.