Ghani Glass Dividend
Dividend criteria checks 2/6
Ghani Glass is a dividend paying company with a current yield of 6.94% that is well covered by earnings.
Key information
6.9%
Dividend yield
11%
Payout ratio
| Industry average yield | 8.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | PK₨7.80 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GHGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GHGL has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Ghani Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GHGL) | 6.9% |
| Market Bottom 25% (PK) | 4.0% |
| Market Top 25% (PK) | 12.7% |
| Industry Average (Packaging) | 8.1% |
| Analyst forecast in 3 Years (GHGL) | n/a |
Notable Dividend: GHGL's dividend (6.94%) is higher than the bottom 25% of dividend payers in the PK market (3.96%).
High Dividend: GHGL's dividend (6.94%) is low compared to the top 25% of dividend payers in the PK market (12.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), GHGL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate GHGL's cash payout ratio to determine if its dividend payments are covered by cash flows.