Pioneer Cement Dividend
Dividend criteria checks 4/6
Pioneer Cement is a dividend paying company with a current yield of 6.88% that is well covered by earnings.
Key information
6.8%
Dividend yield
33%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨15.30 |
Dividend yield forecast in 3Y | 7.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PIOC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PIOC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Pioneer Cement Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PIOC) | 6.8% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.3% |
Industry Average (Basic Materials) | 4.8% |
Analyst forecast in 3 Years (PIOC) | 7.0% |
Notable Dividend: PIOC's dividend (6.88%) is higher than the bottom 25% of dividend payers in the PK market (4.09%).
High Dividend: PIOC's dividend (6.88%) is low compared to the top 25% of dividend payers in the PK market (12.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), PIOC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.3%), PIOC's dividend payments are well covered by cash flows.