Housing and Development Bank- Egypt (S.A.E) Dividends and Buybacks
Dividend criteria checks 3/6
Housing and Development Bank- Egypt (S.A.E) is a dividend paying company with a current yield of 5.54% that is well covered by earnings.
Key information
5.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 11.8% |
| Dividend Growth | -2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ج.م3.000 |
| Payout ratio | 14% |
Recent dividend and buyback 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 8 years.
Dividend Yield vs Market
| Housing and Development Bank- Egypt (S.A.E) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HDBK) | 5.5% |
| Market Bottom 25% (EG) | 2.0% |
| Market Top 25% (EG) | 7.4% |
| Industry Average (Banks) | 2.1% |
| Analyst forecast (HDBK) (up to 3 years) | 11.8% |
Notable Dividend: HDBK's dividend (5.54%) is higher than the bottom 25% of dividend payers in the EG market (1.99%).
High Dividend: HDBK's dividend (5.54%) is low compared to the top 25% of dividend payers in the EG market (7.3%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.2%), HDBK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HDBK's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).