Highnoon Laboratories Dividend
Dividend criteria checks 4/6
Highnoon Laboratories is a dividend paying company with a current yield of 5.26% that is well covered by earnings.
Key information
5.3%
Dividend yield
65%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨46.20 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HINOON's dividends per share have been stable in the past 10 years.
Growing Dividend: HINOON's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Highnoon Laboratories Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (HINOON) | 5.3% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 13.0% |
Industry Average (Pharmaceuticals) | 4.4% |
Analyst forecast in 3 Years (HINOON) | n/a |
Notable Dividend: HINOON's dividend (5.26%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: HINOON's dividend (5.26%) is low compared to the top 25% of dividend payers in the PK market (12.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.9%), HINOON's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (176.2%), HINOON's dividend payments are not well covered by cash flows.