If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Attock Cement Pakistan Ltd is 0.87, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Attock Cement Pakistan was 1.08. The lowest was 0.14. And the median was 0.46.
During the past 12 months, Attock Cement Pakistan's average Dividends Per Share Growth Rate was 466.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -27.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -27.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -13.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Attock Cement Pakistan was 74.20% per year. The lowest was -32.20% per year. And the median was -1.85% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Attock Cement Pakistan Dividend Yield % Historical Data
The historical data trend for Attock Cement Pakistan's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Attock Cement Pakistan's Dividend Yield %
For the Building Materials subindustry, Attock Cement Pakistan's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Attock Cement Pakistan's Dividend Yield % Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Attock Cement Pakistan's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Attock Cement Pakistan's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Attock Cement Pakistan Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
PKR 2.500000
2024-02-15
2024-02-16
2024-02-29
Cash Dividend
semi-annually
PKR:PKR 1.000000
PKR 6.000000
2023-10-12
2023-10-13
2023-11-02
Cash Dividend
annually
PKR:PKR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Attock Cement Pakistan Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Attock Cement Pakistan's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Attock Cement Pakistan (KAR:ACPL) Business Description
Attock Cement Pakistan Ltd is engaged in the business of producing and marketing of cement. Its product offering includes Falcon Ordinary Portland cement, Falcon Sulphate resistant cement, Falcon Rock Cement, and Falcon Block cement.
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