Emirates Driving Company P.J.S.C Dividend
Dividend criteria checks 4/6
Emirates Driving Company P.J.S.C is a dividend paying company with a current yield of 11.26% that is well covered by earnings.
Key information
11.3%
Dividend yield
45%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.إ0.25 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Emirates Driving Company P.J.S.C's (ADX:DRIVE) Earnings
Feb 08
Emirates 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) | 11.3% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.8% |
| Industry Average (Consumer Services) | 3.7% |
| Analyst forecast in 3 Years (DRIVE) | n/a |
Notable Dividend: DRIVE's dividend (11.26%) is higher than the bottom 25% of dividend payers in the AE market (3.2%).
High Dividend: DRIVE's dividend (11.26%) is in the top 25% of dividend payers in the AE market (6.8%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), DRIVE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (183.2%), DRIVE's dividend payments are not well covered by cash flows.