Descon Oxychem Dividend
Dividend criteria checks 3/6
Descon Oxychem is a dividend paying company with a current yield of 19.61% that is well covered by earnings.
Key information
19.5%
Dividend yield
69%
Payout ratio
Industry average yield | 11.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨2.89 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 5 years.
Dividend Yield vs Market
Descon Oxychem Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DOL) | 19.5% |
Market Bottom 25% (PK) | 3.7% |
Market Top 25% (PK) | 12.5% |
Industry Average (Chemicals) | 11.2% |
Analyst forecast in 3 Years (DOL) | n/a |
Notable Dividend: DOL's dividend (19.61%) is higher than the bottom 25% of dividend payers in the PK market (3.66%).
High Dividend: DOL's dividend (19.61%) is in the top 25% of dividend payers in the PK market (12.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.2%), DOL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1567.2%), DOL's dividend payments are not well covered by cash flows.