Obour Land for Food IndustriesE Dividend
Dividend criteria checks 3/6
Obour Land for Food IndustriesE is a dividend paying company with a current yield of 9.21% that is well covered by earnings.
Key information
9.2%
Dividend yield
64%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ج.م0.950 |
Earnings per share | ج.م1.66 |
Dividend yield forecast in 3Y | 17.2% |
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) | 9.2% |
Market Bottom 25% (EG) | 2.5% |
Market Top 25% (EG) | 7.2% |
Industry Average (Food) | 3.6% |
Analyst forecast in 3 Years (OLFI) | 17.2% |
Notable Dividend: OLFI's dividend (9.21%) is higher than the bottom 25% of dividend payers in the EG market (2.5%).
High Dividend: OLFI's dividend (9.21%) is in the top 25% of dividend payers in the EG market (7.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.7%), OLFI's dividend 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.