Nishat Power is a dividend paying company with a current yield of 28.73% that is well covered by earnings. Next payment date is on 18th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
28.7%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield
n/a
Future Dividend Yield
16.6%
Dividend Growth
11.6%
Next dividend pay date
18 Nov 24
Ex dividend date
07 Nov 24
Dividend per share
PK₨9.500
Payout ratio
60%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: NPL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nishat Power Dividend Yield vs Market
How does NPL dividend yield compare to the market?
Segment
Dividend Yield
Company (NPL)
28.7%
Market Bottom 25% (PK)
3.8%
Market Top 25% (PK)
11.3%
Industry Average (Renewable Energy)
21.5%
Analyst forecast (NPL) (up to 3 years)
16.6%
Notable Dividend: NPL's dividend (28.73%) is higher than the bottom 25% of dividend payers in the PK market (3.81%).
High Dividend: NPL's dividend (28.73%) is in the top 25% of dividend payers in the PK market (11.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.2%), NPL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.4%), NPL's dividend payments are well covered by cash flows.