ADNOC Logistics & Services plc

ADX:ADNOCLS Stock Report

Market Cap: د.إ42.8b

ADNOC Logistics & Services Dividend

Dividend criteria checks 2/6

ADNOC Logistics & Services is a dividend paying company with a current yield of 2.34% that is well covered by earnings.

Key information

2.3%

Dividend yield

37%

Payout ratio

Industry average yield6.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareد.إ0.136
Earnings per shareد.إ0.097
Future Dividend Yield2.6%

Recent dividend updates

Recent updates

Investors Will Want ADNOC Logistics & Services' (ADX:ADNOCLS) Growth In ROCE To Persist

Jun 04
Investors Will Want ADNOC Logistics & Services' (ADX:ADNOCLS) Growth In ROCE To Persist

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether ADNOCLS's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if ADNOCLS's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

ADNOC Logistics & Services Dividend Yield vs Market
How does ADNOCLS dividend yield compare to the market?
SegmentDividend Yield
Company (ADNOCLS)2.3%
Market Bottom 25% (AE)3.0%
Market Top 25% (AE)6.1%
Industry Average (Oil and Gas)6.5%
Analyst forecast (ADNOCLS) (up to 3 years)2.6%

Notable Dividend: ADNOCLS's dividend (2.34%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.03%).

High Dividend: ADNOCLS's dividend (2.34%) is low compared to the top 25% of dividend payers in the AE market (6.14%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.3%), ADNOCLS's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (85%), ADNOCLS's dividend payments are covered by cash flows.


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