Descon Oxychem Dividends and Buybacks
Dividend criteria checks 2/6
Descon Oxychem is a dividend paying company with a current yield of 8.44% that is well covered by earnings.
Key information
8.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨2.000 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DOL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DOL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Descon Oxychem Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DOL) | 8.4% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.9% |
| Industry Average (Chemicals) | 8.4% |
| Analyst forecast (DOL) (up to 3 years) | 8.4% |
Notable Dividend: DOL's dividend (8.44%) is higher than the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: DOL's dividend (8.44%) is low compared to the top 25% of dividend payers in the PK market (10.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.4%), DOL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DOL is paying a dividend but the company has no free cash flows.