Bahrain Ship Repairing and Engineering Company BSC Dividend
Dividend criteria checks 2/6
Bahrain Ship Repairing and Engineering Company BSC is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
48%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ب.د0.10 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BASREC has been paying a dividend for less than 10 years.
Growing Dividend: BASREC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Bahrain Ship Repairing and Engineering Company BSC Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BASREC) | 5.0% |
Market Bottom 25% (BH) | 5.5% |
Market Top 25% (BH) | 7.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (BASREC) | n/a |
Notable Dividend: BASREC's dividend (5%) isn’t notable compared to the bottom 25% of dividend payers in the BH market (5.45%).
High Dividend: BASREC's dividend (5%) is low compared to the top 25% of dividend payers in the BH market (7.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), BASREC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.6%), BASREC's dividend payments are covered by cash flows.