Al Tawfeek Leasing Dividends and Buybacks
Dividend criteria checks 4/6
Al Tawfeek Leasing is a dividend paying company with a current yield of 13.19% that is well covered by earnings. Next payment date is on 26th December, 2024 with an ex-dividend date of 24th December, 2024.
Key information
13.2%
Dividend yield
-14.8%
Buyback Yield
| Total Shareholder Yield | -1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 0.8% |
| Next dividend pay date | 26 Dec 24 |
| Ex dividend date | 24 Dec 24 |
| Dividend per share | ج.م0.599 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ATLC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ATLC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Al Tawfeek Leasing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ATLC) | 13.2% |
| Market Bottom 25% (EG) | 2.2% |
| Market Top 25% (EG) | 7.6% |
| Industry Average (Diversified Financial) | 4.7% |
| Analyst forecast (ATLC) (up to 3 years) | n/a |
Notable Dividend: ATLC's dividend (13.19%) is higher than the bottom 25% of dividend payers in the EG market (2.25%).
High Dividend: ATLC's dividend (13.19%) is in the top 25% of dividend payers in the EG market (7.59%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.5%), ATLC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), ATLC's dividend payments are thoroughly covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:45 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Al Tawfeek Leasing Company is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Radwa El-Swaify | Pharos Research |
| Dalia Bonna | Pharos Research |