Abu Dhabi Ship Building PJSC Dividend
Dividend criteria checks 2/6
Abu Dhabi Ship Building PJSC is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.4%
Dividend yield
53%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | 03 May 24 |
Dividend per share | n/a |
Earnings per share | د.إ0.19 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
The Returns On Capital At Abu Dhabi Ship Building PJSC (ADX:ADSB) Don't Inspire Confidence
Aug 27We Think Abu Dhabi Ship Building PJSC's (ADX:ADSB) Solid Earnings Are Understated
Nov 18Reflecting on Abu Dhabi Ship Building PJSC's (ADX:ADSB) Share Price Returns Over The Last Five Years
Feb 05Do Insiders Own Lots Of Shares In Abu Dhabi Ship Building PJSC (ADX:ADSB)?
Dec 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ADSB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ADSB's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Abu Dhabi Ship Building PJSC Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ADSB) | 2.4% |
Market Bottom 25% (AE) | 3.2% |
Market Top 25% (AE) | 6.8% |
Industry Average (Aerospace & Defense) | 1.1% |
Analyst forecast in 3 Years (ADSB) | n/a |
Notable Dividend: ADSB's dividend (2.45%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.23%).
High Dividend: ADSB's dividend (2.45%) is low compared to the top 25% of dividend payers in the AE market (6.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.5%), ADSB's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.4%), ADSB's dividend payments are thoroughly covered by cash flows.