Dubai Electricity and Water Authority (PJSC) Dividends and Buybacks
Dividend criteria checks 3/6
Dubai Electricity and Water Authority (PJSC) is a dividend paying company with a current yield of 5.02% that is well covered by earnings.
Key information
5.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 0.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.إ0.124 |
| Payout ratio | 88% |
Recent dividend and buyback updates
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062
Aug 26
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Affirmed Its Dividend Of AED0.062
Aug 12Recent updates
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Nov 15Investors Met With Slowing Returns on Capital At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
Oct 09Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062
Aug 26Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Affirmed Its Dividend Of AED0.062
Aug 12Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Some Way To Go To Become A Multi-Bagger
May 07Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down
Jan 06Calculating The Fair Value Of Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
Aug 01Slowing Rates Of Return At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Leave Little Room For Excitement
May 22Shareholders Can Be Confident That Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Earnings Are High Quality
Aug 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DEWA has been paying a dividend for less than 10 years.
Growing Dividend: DEWA has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Dubai Electricity and Water Authority (PJSC) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DEWA) | 5.0% |
| Market Bottom 25% (AE) | 3.3% |
| Market Top 25% (AE) | 6.2% |
| Industry Average (Integrated Utilities) | 2.5% |
| Analyst forecast (DEWA) (up to 3 years) | 5.1% |
Notable Dividend: DEWA's dividend (5.02%) is higher than the bottom 25% of dividend payers in the AE market (3.3%).
High Dividend: DEWA's dividend (5.02%) is low compared to the top 25% of dividend payers in the AE market (6.24%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.7%), DEWA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70%), DEWA's dividend payments are covered by cash flows.