Ittehad Chemicals is a dividend paying company with a current yield of 10.07% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
10.1%
Dividend yield
18%
Payout ratio
Industry average yield
11.1%
Next dividend pay date
30 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
PK₨17.65
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ICL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ICL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ittehad Chemicals Dividend Yield vs Market
How does ICL dividend yield compare to the market?
Segment
Dividend Yield
Company (ICL)
10.1%
Market Bottom 25% (PK)
4.0%
Market Top 25% (PK)
12.7%
Industry Average (Chemicals)
11.1%
Analyst forecast in 3 Years (ICL)
n/a
Notable Dividend: ICL's dividend (10.07%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: ICL's dividend (10.07%) is low compared to the top 25% of dividend payers in the PK market (12.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), ICL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ICL is paying a dividend but the company has no free cash flows.