Al Salam Bank B.S.C Dividend
Dividend criteria checks 2/6
Al Salam Bank B.S.C is a dividend paying company with a current yield of 2.88% that is well covered by earnings.
Key information
2.9%
Dividend yield
38%
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.إ0.017 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SALAM_BAH's dividend payments have been volatile in the past 10 years.
Growing Dividend: SALAM_BAH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Al Salam Bank B.S.C Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SALAM_BAH) | 2.9% |
Market Bottom 25% (AE) | 3.1% |
Market Top 25% (AE) | 7.2% |
Industry Average (Banks) | 6.7% |
Analyst forecast in 3 Years (SALAM_BAH) | 2.9% |
Notable Dividend: SALAM_BAH's dividend (2.88%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.13%).
High Dividend: SALAM_BAH's dividend (2.88%) is low compared to the top 25% of dividend payers in the AE market (7.24%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), SALAM_BAH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.