Highnoon Laboratories Dividend
Dividend criteria checks 4/6
Highnoon Laboratories is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.9%
Dividend yield
60%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨30.000 |
| Earnings per share | PK₨49.88 |
| 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HINOON) | 3.9% |
| Market Bottom 25% (PK) | 3.4% |
| Market Top 25% (PK) | 11.6% |
| Industry Average (Pharmaceuticals) | 3.2% |
| Analyst forecast in 3 Years (HINOON) | n/a |
Notable Dividend: HINOON's dividend (3.77%) is higher than the bottom 25% of dividend payers in the PK market (3.43%).
High Dividend: HINOON's dividend (3.77%) is low compared to the top 25% of dividend payers in the PK market (11.64%).
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.