Synthetic Products Enterprises Dividends and Buybacks
Dividend criteria checks 2/6
Synthetic Products Enterprises is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨0.800 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SPEL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Synthetic Products Enterprises Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPEL) | 2.3% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.8% |
| Industry Average (Packaging) | 3.9% |
| Analyst forecast (SPEL) (up to 3 years) | n/a |
Notable Dividend: SPEL's dividend (2.34%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.61%).
High Dividend: SPEL's dividend (2.34%) is low compared to the top 25% of dividend payers in the PK market (10.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.9%), SPEL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SPEL is paying a dividend but the company has no free cash flows.