Ghani Glass Dividends and Buybacks
Dividend criteria checks 1/6
Ghani Glass is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.000 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GHGL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GHGL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ghani Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GHGL) | 3.5% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.9% |
| Industry Average (Packaging) | 3.9% |
| Analyst forecast (GHGL) (up to 3 years) | n/a |
Notable Dividend: GHGL's dividend (3.49%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.57%).
High Dividend: GHGL's dividend (3.49%) is low compared to the top 25% of dividend payers in the PK market (11.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.9%), GHGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (126.3%), GHGL's dividend payments are not well covered by cash flows.