Edita Food Industries Company (S.A.E) is a dividend paying company with a current yield of 2.75% that is well covered by earnings. Next payment date is on 24th April, 2024 with an ex-dividend date of 22nd April, 2024.
Key information
2.7%
Dividend yield
46%
Payout ratio
Industry average yield
3.4%
Next dividend pay date
24 Apr 24
Ex dividend date
22 Apr 24
Dividend per share
n/a
Earnings per share
ج.م2.25
Dividend yield forecast in 3Y
11.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFID has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EFID's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Edita Food Industries Company (S.A.E) Dividend Yield vs Market
How does EFID dividend yield compare to the market?
Segment
Dividend Yield
Company (EFID)
2.7%
Market Bottom 25% (EG)
2.2%
Market Top 25% (EG)
6.2%
Industry Average (Food)
3.4%
Analyst forecast in 3 Years (EFID)
11.0%
Notable Dividend: EFID's dividend (2.75%) is higher than the bottom 25% of dividend payers in the EG market (2.1%).
High Dividend: EFID's dividend (2.75%) is low compared to the top 25% of dividend payers in the EG market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), EFID's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (121.4%), EFID's dividend payments are not well covered by cash flows.