ADNOC Drilling Company P.J.S.C Dividend
Dividend criteria checks 2/6
ADNOC Drilling Company P.J.S.C is a dividend paying company with a current yield of 4.29% that is well covered by earnings.
Key information
4.3%
Dividend yield
69%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.إ0.065 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Potential Upside For ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Not Without Risk
Mar 26
ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Performance Is Even Better Than Its Earnings Suggest
Feb 19ADNOC Drilling Company P.J.S.C. Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next
Feb 15Under The Bonnet, ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns Look Impressive
Jan 08We Like ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns And Here's How They're Trending
Aug 20ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Could Become A Multi-Bagger
May 10Calculating The Intrinsic Value Of ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL)
Mar 01ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Is Looking To Continue Growing Its Returns On Capital
Jan 17Returns On Capital At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Have Hit The Brakes
Oct 09Estimating The Intrinsic Value Of ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL)
Jul 21Investor Optimism Abounds ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) But Growth Is Lacking
Jun 16We Like ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Earnings For More Than Just Statutory Profit
Feb 18ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Full-Year Results: Here's What Analysts Are Forecasting For This Year
Feb 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ADNOCDRILL has been paying a dividend for less than 10 years.
Growing Dividend: ADNOCDRILL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| ADNOC Drilling Company P.J.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADNOCDRILL) | 4.3% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.8% |
| Industry Average (Energy Services) | 2.7% |
| Analyst forecast in 3 Years (ADNOCDRILL) | 5.5% |
Notable Dividend: ADNOCDRILL's dividend (4.29%) is higher than the bottom 25% of dividend payers in the AE market (3.32%).
High Dividend: ADNOCDRILL's dividend (4.29%) is low compared to the top 25% of dividend payers in the AE market (6.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.4%), ADNOCDRILL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (244.7%), ADNOCDRILL's dividend payments are not well covered by cash flows.