Highnoon Laboratories Limited

KASE:HINOON Stock Report

Market Cap: PK₨37.2b

Highnoon Laboratories Dividend

Dividend criteria checks 4/6

Highnoon Laboratories is a dividend paying company with a current yield of 4.2% that is well covered by earnings.

Key information


Dividend yield


Payout ratio

Industry average yield3.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per sharePK₨49.88
Dividend yield forecast in 3Yn/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
How does HINOON dividend yield compare to the market?
SegmentDividend Yield
Company (HINOON)4.3%
Market Bottom 25% (PK)3.4%
Market Top 25% (PK)11.2%
Industry Average (Pharmaceuticals)3.6%
Analyst forecast in 3 Years (HINOON)n/a

Notable Dividend: HINOON's dividend (4.2%) is higher than the bottom 25% of dividend payers in the PK market (3.42%).

High Dividend: HINOON's dividend (4.2%) is low compared to the top 25% of dividend payers in the PK market (11.22%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.1%), HINOON's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (115.3%), HINOON's dividend payments are not well covered by cash flows.

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