Abu Dhabi Commercial Bank PJSC Dividend
Dividend criteria checks 4/6
Abu Dhabi Commercial Bank PJSC is a dividend paying company with a current yield of 6.71% that is well covered by earnings.
Key information
6.7%
Dividend yield
51%
Payout ratio
Industry average yield | 6.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.إ1.09 |
Dividend yield forecast in 3Y | 7.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ADCB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADCB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Abu Dhabi Commercial Bank PJSC Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ADCB) | 6.7% |
Market Bottom 25% (AE) | 3.2% |
Market Top 25% (AE) | 6.8% |
Industry Average (Banks) | 6.7% |
Analyst forecast in 3 Years (ADCB) | 7.0% |
Notable Dividend: ADCB's dividend (6.71%) is higher than the bottom 25% of dividend payers in the AE market (3.18%).
High Dividend: ADCB's dividend (6.71%) is low compared to the top 25% of dividend payers in the AE market (6.75%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), ADCB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ADCB's dividends in 3 years are forecast to be covered by earnings (53% payout ratio).