Engro Dividends and Buybacks
Dividend criteria checks 5/6
Engro is a dividend paying company with a current yield of 14.4% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 7th November, 2024.
Key information
14.4%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 14.4% |
| Future Dividend Yield | 9.8% |
| Dividend Growth | 13.5% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | PK₨48.000 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
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) | 14.4% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.4% |
| Industry Average (Chemicals) | 8.7% |
| Analyst forecast (ENGRO) (up to 3 years) | 9.8% |
Notable Dividend: ENGRO's dividend (14.4%) is higher than the bottom 25% of dividend payers in the PK market (3.6%).
High Dividend: ENGRO's dividend (14.4%) is in the top 25% of dividend payers in the PK market (11.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), ENGRO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (4905.7%), ENGRO's dividend payments are not well covered by cash flows.