Lucky Cement Dividend
Dividend criteria checks 3/6
Lucky Cement is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
7%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | PK₨15.000 |
Earnings per share | PK₨223.74 |
Dividend yield forecast | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUCK's dividend payments have been volatile in the past 10 years.
Growing Dividend: LUCK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lucky Cement Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LUCK) | 1.6% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 11.4% |
Industry Average (Basic Materials) | 5.0% |
Analyst forecast (LUCK) (up to 3 years) | 4.3% |
Notable Dividend: LUCK's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (4.02%).
High Dividend: LUCK's dividend (1.61%) is low compared to the top 25% of dividend payers in the PK market (11.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.8%), LUCK's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), LUCK's dividend payments are well covered by cash flows.