National Cement Company (Public Shareholding) Dividend
Dividend criteria checks 2/6
National Cement Company (Public Shareholding) is a dividend paying company with a current yield of 6.12% that is well covered by earnings.
Key information
6.1%
Dividend yield
86%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.إ0.17 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Some Confidence Is Lacking In National Cement Company (Public Shareholding Co.)'s (DFM:NCC) P/E
Oct 27
We Think That There Are Issues Underlying National Cement Company (Public Shareholding)'s (DFM:NCC) Earnings
May 22Tread With Caution Around National Cement Company (Public Shareholding Co.)'s (DFM:NCC) 4.4% Dividend Yield
Jan 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NCC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NCC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| National Cement Company (Public Shareholding) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NCC) | 6.1% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.9% |
| Industry Average (Basic Materials) | 2.3% |
| Analyst forecast in 3 Years (NCC) | n/a |
Notable Dividend: NCC's dividend (6.12%) is higher than the bottom 25% of dividend payers in the AE market (3.23%).
High Dividend: NCC's dividend (6.12%) is low compared to the top 25% of dividend payers in the AE market (6.86%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.5%), NCC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NCC is paying a dividend but the company has no free cash flows.