Emirates Driving Company P.J.S.C Dividends and Buybacks
Dividend criteria checks 5/6
Emirates Driving Company P.J.S.C is a dividend paying company with a current yield of 6.2% that is well covered by earnings.
Key information
6.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.4% |
| Dividend Growth | -0.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.إ0.170 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Emirates Driving Company P.J.S.C's (ADX:DRIVE) Profits May Not Reveal Underlying Issues
Nov 02
We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings
Feb 08Emirates Driving Company P.J.S.C. (ADX:DRIVE) Soars 61% But It's A Story Of Risk Vs Reward
Dec 18The Returns At Emirates Driving Company P.J.S.C (ADX:DRIVE) Aren't Growing
Dec 14Investors Met With Slowing Returns on Capital At Emirates Driving Company P.J.S.C (ADX:DRIVE)
Sep 23Emirates Driving Company P.J.S.C.'s (ADX:DRIVE) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 09Is There More To The Story Than Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings Growth?
Feb 16Here's What To Make Of Emirates Driving Company P.J.S.C's (ADX:DRIVE) Returns On Capital
Jan 29
Is Emirates Driving Company P.J.S.C. (ADX:DRIVE) The Right Choice For A Smart Dividend Investor?
Jan 12Shareholders Of Emirates Driving Company P.J.S.C (ADX:DRIVE) Must Be Happy With Their 279% Total Return
Dec 22Emirates Driving Company P.J.S.C. (ADX:DRIVE) On An Uptrend: Could Fundamentals Be Driving The Stock?
Nov 30Emirates Driving Company P.J.S.C (ADX:DRIVE) Is Growing Earnings But Are They A Good Guide?
Jul 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRIVE's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRIVE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Emirates Driving Company P.J.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRIVE) | 6.2% |
| Market Bottom 25% (AE) | 3.4% |
| Market Top 25% (AE) | 6.1% |
| Industry Average (Consumer Services) | 4.0% |
| Analyst forecast (DRIVE) (up to 3 years) | 8.4% |
Notable Dividend: DRIVE's dividend (6.2%) is higher than the bottom 25% of dividend payers in the AE market (3.4%).
High Dividend: DRIVE's dividend (6.2%) is in the top 25% of dividend payers in the AE market (6.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.7%), DRIVE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72%), DRIVE's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Emirates Driving Company P.J.S.C. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ahmed Moataz | EFG-Hermes Research |