Tri-Pack Films Dividend
Dividend criteria checks 2/6
Tri-Pack Films is a dividend paying company with a current yield of 5.03% that is well covered by earnings.
Key information
5.0%
Dividend yield
34%
Payout ratio
Industry average yield | 11.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨17.64 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRIPF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TRIPF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Tri-Pack Films Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TRIPF) | 5.0% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 12.7% |
Industry Average (Chemicals) | 11.1% |
Analyst forecast in 3 Years (TRIPF) | n/a |
Notable Dividend: TRIPF's dividend (5.03%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: TRIPF's dividend (5.03%) is low compared to the top 25% of dividend payers in the PK market (12.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34%), TRIPF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TRIPF is paying a dividend but the company has no free cash flows.