Edita Food Industries Company (S.A.E) Dividend
Dividend criteria checks 2/6
Edita Food Industries Company (S.A.E) is a dividend paying company with a current yield of 2.82% that is well covered by earnings.
Key information
2.8%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 10.7% |
| Dividend Growth | 12.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ج.م0.856 |
| Payout ratio | 19% |
Recent dividend updates
Recent updates
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 8 years.
Dividend Yield vs Market
| Edita Food Industries Company (S.A.E) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EFID) | 2.8% |
| Market Bottom 25% (EG) | 1.9% |
| Market Top 25% (EG) | 7.0% |
| Industry Average (Food) | 3.2% |
| Analyst forecast (EFID) (up to 3 years) | 10.7% |
Notable Dividend: EFID's dividend (2.82%) is higher than the bottom 25% of dividend payers in the EG market (1.88%).
High Dividend: EFID's dividend (2.82%) is low compared to the top 25% of dividend payers in the EG market (6.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), EFID's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EFID is paying a dividend but the company has no free cash flows.