ADNOC Gas Dividends and Buybacks
Dividend criteria checks 2/6
ADNOC Gas is a dividend paying company with a current yield of 4.73% that is well covered by earnings.
Key information
4.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.إ0.163 |
| Payout ratio | 67% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ADNOCGAS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ADNOCGAS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| ADNOC Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADNOCGAS) | 4.7% |
| Market Bottom 25% (AE) | 3.0% |
| Market Top 25% (AE) | 6.2% |
| Industry Average (Oil and Gas) | 6.5% |
| Analyst forecast (ADNOCGAS) (up to 3 years) | 5.4% |
Notable Dividend: ADNOCGAS's dividend (4.73%) is higher than the bottom 25% of dividend payers in the AE market (3%).
High Dividend: ADNOCGAS's dividend (4.73%) is low compared to the top 25% of dividend payers in the AE market (6.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67%), ADNOCGAS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.1%), ADNOCGAS's dividend payments are not well covered by cash flows.