Lotte Chemical Pakistan Dividends and Buybacks
Dividend criteria checks 3/6
Lotte Chemical Pakistan is a dividend paying company with a current yield of 5.14% that is well covered by earnings.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 16.2% |
| Dividend Growth | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨1.000 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LOTCHEM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LOTCHEM's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Lotte Chemical Pakistan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LOTCHEM) | 5.1% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.4% |
| Industry Average (Chemicals) | 8.7% |
| Analyst forecast (LOTCHEM) (up to 3 years) | 16.2% |
Notable Dividend: LOTCHEM's dividend (5.14%) is higher than the bottom 25% of dividend payers in the PK market (3.6%).
High Dividend: LOTCHEM's dividend (5.14%) is low compared to the top 25% of dividend payers in the PK market (11.4%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.3%), LOTCHEM's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.3%), LOTCHEM's dividend payments are well covered by cash flows.