Pakgen Power Dividend
Dividend criteria checks 4/6
Pakgen Power is a dividend paying company with a current yield of 28.57%. Next payment date is on 30th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
28.6%
Dividend yield
93%
Payout ratio
| Industry average yield | 23.8% |
| Next dividend pay date | 30 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | PK₨16.18 |
| Dividend yield forecast in 3Y | 9.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PKGP's dividend payments have been volatile in the past 10 years.
Growing Dividend: PKGP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Pakgen Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PKGP) | 28.6% |
| Market Bottom 25% (PK) | 4.0% |
| Market Top 25% (PK) | 12.7% |
| Industry Average (Renewable Energy) | 23.8% |
| Analyst forecast in 3 Years (PKGP) | 9.5% |
Notable Dividend: PKGP's dividend (28.57%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: PKGP's dividend (28.57%) is in the top 25% of dividend payers in the PK market (12.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.7%), PKGP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80%), PKGP's dividend payments are covered by cash flows.