Sitara Chemical Industries Dividend
Dividend criteria checks 1/6
Sitara Chemical Industries is a dividend paying company with a current yield of 3.92% that is well covered by earnings.
Key information
3.9%
Dividend yield
17%
Payout ratio
Industry average yield | 10.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨59.61 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SITC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SITC's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Sitara Chemical Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SITC) | 3.9% |
Market Bottom 25% (PK) | 4.1% |
Market Top 25% (PK) | 12.4% |
Industry Average (Chemicals) | 10.8% |
Analyst forecast in 3 Years (SITC) | n/a |
Notable Dividend: SITC's dividend (3.92%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (4.1%).
High Dividend: SITC's dividend (3.92%) is low compared to the top 25% of dividend payers in the PK market (12.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), SITC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SITC is paying a dividend but the company has no free cash flows.