Nimir Industrial Chemicals Dividend
Dividend criteria checks 2/6
Nimir Industrial Chemicals is a dividend paying company with a current yield of 1.8% that is well covered by earnings.
Key information
1.8%
Dividend yield
16%
Payout ratio
Industry average yield | 11.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨14.78 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NICL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NICL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Nimir Industrial Chemicals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NICL) | 1.8% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.9% |
Industry Average (Chemicals) | 11.1% |
Analyst forecast in 3 Years (NICL) | n/a |
Notable Dividend: NICL's dividend (1.8%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: NICL's dividend (1.8%) is low compared to the top 25% of dividend payers in the PK market (12.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), NICL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.5%), NICL's dividend payments are well covered by cash flows.