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 4.53% that is well covered by earnings.
Key information
4.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.6% |
| Dividend Growth | -2.5% |
| 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 06Stability 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) | 4.5% |
| Market Bottom 25% (AE) | 3.4% |
| Market Top 25% (AE) | 6.1% |
| Industry Average (Integrated Utilities) | 2.2% |
| Analyst forecast (DEWA) (up to 3 years) | 4.6% |
Notable Dividend: DEWA's dividend (4.53%) is higher than the bottom 25% of dividend payers in the AE market (3.4%).
High Dividend: DEWA's dividend (4.53%) is low compared to the top 25% of dividend payers in the AE market (6.12%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Dubai Electricity and Water Authority (PJSC) is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shadab Ashfaq | Al Ramz Capital LLC |
| Soha Saniour | Arqaam Capital Research Offshore S.A.L. |
| Mark Adeeb | CI Capital Research |