Thatta Cement Dividends and Buybacks
Dividend criteria checks 0/6
Thatta Cement is a dividend paying company with a current yield of 0.89%. Next payment date is on 27th November, 2024 with an ex-dividend date of 4th November, 2024.
Key information
0.9%
Dividend yield
2.9%
Buyback Yield
Total Shareholder Yield | 3.8% |
Future Dividend Yield | 3.6% |
Dividend Growth | -23.6% |
Next dividend pay date | 27 Nov 24 |
Ex dividend date | 04 Nov 24 |
Dividend per share | PK₨1.000 |
Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (THCCL) | 0.9% |
Market Bottom 25% (PK) | 3.7% |
Market Top 25% (PK) | 11.2% |
Industry Average (Basic Materials) | 4.2% |
Analyst forecast (THCCL) (up to 3 years) | 3.6% |
Notable Dividend: THCCL's dividend (0.89%) isn’t notable compared to the bottom 25% of dividend payers in the PK market (3.74%).
High Dividend: THCCL's dividend (0.89%) is low compared to the top 25% of dividend payers in the PK market (11.24%).
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.