Cairo for Investment & Real Estate DevelopmentE Dividends and Buybacks
Dividend criteria checks 2/6
Cairo for Investment & Real Estate DevelopmentE is a dividend paying company with a current yield of 1.82% that is well covered by earnings.
Key information
1.8%
Dividend yield
-1.7%
Buyback Yield
| Total Shareholder Yield | 0.1% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ج.م0.257 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CIRA has been paying a dividend for less than 10 years.
Growing Dividend: CIRA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Cairo for Investment & Real Estate DevelopmentE Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIRA) | 1.8% |
| Market Bottom 25% (EG) | 2.0% |
| Market Top 25% (EG) | 7.4% |
| Industry Average (Consumer Services) | 2.7% |
| Analyst forecast (CIRA) (up to 3 years) | 1.8% |
Notable Dividend: CIRA's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.02%).
High Dividend: CIRA's dividend (1.82%) is low compared to the top 25% of dividend payers in the EG market (7.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.9%), CIRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.1%), CIRA's dividend payments are well covered by cash flows.