Société Multinationale de Bitumes Société Anonyme Dividend
Dividend criteria checks 1/6
Société Multinationale de Bitumes Société Anonyme is a dividend paying company with a current yield of 8.86%. Next payment date is on 30th September, 2024 with an ex-dividend date of 26th September, 2024.
Key information
8.9%
Dividend yield
n/a
Payout ratio
| Industry average yield | 8.6% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 26 Sep 24 |
| Dividend per share | XOF 1.200k |
| Earnings per share | XOF 2.21k |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SMBC has been paying a dividend for less than 10 years.
Growing Dividend: SMBC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Société Multinationale de Bitumes Société Anonyme Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMBC) | 8.9% |
| Market Bottom 25% (CI) | 7.5% |
| Market Top 25% (CI) | 10.3% |
| Industry Average (Oil and Gas) | 8.6% |
| Analyst forecast (SMBC) (up to 3 years) | n/a |
Notable Dividend: SMBC's dividend (8.86%) is higher than the bottom 25% of dividend payers in the CI market (7.43%).
High Dividend: SMBC's dividend (8.86%) is low compared to the top 25% of dividend payers in the CI market (10.31%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate SMBC's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (325.3%), SMBC's dividend payments are not well covered by cash flows.