Obour Land for Food IndustriesE Dividend
Dividend criteria checks 2/6
Obour Land for Food IndustriesE is a dividend paying company with a current yield of 8.38%.
Key information
8.4%
Dividend yield
98%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ج.م1.03 |
Dividend yield forecast in 3Y | 14.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
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 7 years.
Dividend Yield vs Market
Obour Land for Food IndustriesE Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OLFI) | 8.4% |
Market Bottom 25% (EG) | 2.2% |
Market Top 25% (EG) | 6.2% |
Industry Average (Food) | 3.4% |
Analyst forecast in 3 Years (OLFI) | 14.2% |
Notable Dividend: OLFI's dividend (8.38%) is higher than the bottom 25% of dividend payers in the EG market (2.22%).
High Dividend: OLFI's dividend (8.38%) is in the top 25% of dividend payers in the EG market (6.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.4%), OLFI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1582.9%), OLFI's dividend payments are not well covered by cash flows.