Safe Mix Concrete Dividends and Buybacks
Dividend criteria checks 2/6
Safe Mix Concrete is a dividend paying company with a current yield of 9.8% that is well covered by earnings.
Key information
9.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨2.000 |
| Payout ratio | 50% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SMCPL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SMCPL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Safe Mix Concrete Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMCPL) | 9.8% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.8% |
| Industry Average (Basic Materials) | 4.2% |
| Analyst forecast (SMCPL) (up to 3 years) | n/a |
Notable Dividend: SMCPL's dividend (9.8%) is higher than the bottom 25% of dividend payers in the PK market (3.62%).
High Dividend: SMCPL's dividend (9.8%) is low compared to the top 25% of dividend payers in the PK market (11.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), SMCPL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.2%), SMCPL's dividend payments are not well covered by cash flows.