Obour Land for Food IndustriesE Dividend
What is Obour Land for Food IndustriesE current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Obour Land for Food IndustriesE Dividend Yield vs Market|
|Market Bottom 25% (EG)||2.7%|
|Market Top 25% (EG)||7.4%|
|Industry Average (Food)||3.8%|
|Analyst forecast in 3 Years (OLFI)||10.4%|
Notable Dividend: OLFI's dividend (7.25%) is higher than the bottom 25% of dividend payers in the EG market (2.67%).
High Dividend: OLFI's dividend (7.25%) is low compared to the top 25% of dividend payers in the EG market (7.37%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Whilst dividend payments have been stable, OLFI has been paying a dividend for less than 10 years.
Growing Dividend: OLFI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.2%), OLFI's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OLFI is paying a dividend but the company has no free cash flows.