Engro Dividend
Dividend criteria checks 5/6
Engro is a dividend paying company with a current yield of 13%. Next payment date is on 30th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
13.0%
Dividend yield
124%
Payout ratio
Industry average yield | 10.8% |
Next dividend pay date | 30 May 24 |
Ex dividend date | 07 May 24 |
Dividend per share | n/a |
Earnings per share | PK₨39.17 |
Dividend yield forecast in 3Y | 16.0% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENGRO's dividends per share have been stable in the past 10 years.
Growing Dividend: ENGRO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Engro Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ENGRO) | 13.0% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.4% |
Industry Average (Chemicals) | 10.8% |
Analyst forecast in 3 Years (ENGRO) | 16.0% |
Notable Dividend: ENGRO's dividend (13%) is higher than the bottom 25% of dividend payers in the PK market (4.06%).
High Dividend: ENGRO's dividend (13%) is in the top 25% of dividend payers in the PK market (12.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (124.4%), ENGRO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.1%), ENGRO's dividend payments are well covered by cash flows.