Synthetic Products Enterprises Dividend
Dividend criteria checks 4/6
Synthetic Products Enterprises is a dividend paying company with a current yield of 15.75% that is well covered by earnings.
Key information
15.7%
Dividend yield
37%
Payout ratio
Industry average yield | 8.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨2.63 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPEL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SPEL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Synthetic Products Enterprises Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SPEL) | 15.7% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 13.0% |
Industry Average (Packaging) | 8.7% |
Analyst forecast in 3 Years (SPEL) | n/a |
Notable Dividend: SPEL's dividend (15.75%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: SPEL's dividend (15.75%) is in the top 25% of dividend payers in the PK market (12.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), SPEL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.8%), SPEL's dividend payments are covered by cash flows.