Thatta Cement Dividend
Dividend criteria checks 0/6
Thatta Cement is a dividend paying company with a current yield of 1.11%. Next payment date is on 5th November, 2024 with an ex-dividend date of 4th October, 2024.
Key information
1.2%
Dividend yield
7%
Payout ratio
| Industry average yield | 5.2% |
| Next dividend pay date | 05 Nov 24 |
| Ex dividend date | 04 Oct 24 |
| Dividend per share | PK₨1.000 |
| Earnings per share | PK₨16.08 |
| Dividend yield forecast | 4.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: THCCL is not paying a notable dividend for the PK market, therefore no need to check if payments are stable.
Growing Dividend: THCCL is not paying a notable dividend for the PK market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Thatta Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (THCCL) | 1.2% |
| Market Bottom 25% (PK) | 4.1% |
| Market Top 25% (PK) | 11.9% |
| Industry Average (Basic Materials) | 5.2% |
| Analyst forecast (THCCL) (up to 3 years) | 4.8% |
Notable Dividend: THCCL's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (4.07%).
High Dividend: THCCL's dividend (1.11%) is low compared to the top 25% of dividend payers in the PK market (11.88%).
Earnings Payout to Shareholders
Earnings Coverage: THCCL is not paying a notable dividend for the PK market.
Cash Payout to Shareholders
Cash Flow Coverage: THCCL is not paying a notable dividend for the PK market.