ADNOC Gas Dividend
Dividend criteria checks 3/6
ADNOC Gas is a dividend paying company with a current yield of 5.25% that is well covered by earnings.
Key information
5.3%
Dividend yield
64%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.إ0.057 |
Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
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 |
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Segment | Dividend Yield |
---|---|
Company (ADNOCGAS) | 5.3% |
Market Bottom 25% (AE) | 3.1% |
Market Top 25% (AE) | 6.8% |
Industry Average (Oil and Gas) | 5.5% |
Analyst forecast in 3 Years (ADNOCGAS) | 6.2% |
Notable Dividend: ADNOCGAS's dividend (5.25%) is higher than the bottom 25% of dividend payers in the AE market (3.18%).
High Dividend: ADNOCGAS's dividend (5.25%) is low compared to the top 25% of dividend payers in the AE market (6.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.4%), ADNOCGAS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.5%), ADNOCGAS's dividend payments are covered by cash flows.