Housing and Development Bank- Egypt (S.A.E) Dividend
Dividend criteria checks 4/6
Housing and Development Bank- Egypt (S.A.E) is a dividend paying company with a current yield of 6.67% that is well covered by earnings.
Key information
6.7%
Dividend yield
24%
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 | ج.م12.31 |
Dividend yield forecast in 3Y | 15.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HDBK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HDBK's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Housing and Development Bank- Egypt (S.A.E) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (HDBK) | 6.7% |
Market Bottom 25% (EG) | 2.2% |
Market Top 25% (EG) | 6.2% |
Industry Average (Banks) | 1.9% |
Analyst forecast in 3 Years (HDBK) | 15.0% |
Notable Dividend: HDBK's dividend (6.67%) is higher than the bottom 25% of dividend payers in the EG market (2.22%).
High Dividend: HDBK's dividend (6.67%) is in the top 25% of dividend payers in the EG market (6.23%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), HDBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HDBK's dividends in 3 years are forecast to be well covered by earnings (49.1% payout ratio).