Arabian Cement CompanyE Dividend
Dividend criteria checks 3/6
Arabian Cement CompanyE is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
14%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ج.م1.81 |
Dividend yield forecast in 3Y | 14.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARCC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ARCC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Arabian Cement CompanyE Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ARCC) | 2.4% |
Market Bottom 25% (EG) | 2.5% |
Market Top 25% (EG) | 7.2% |
Industry Average (Basic Materials) | 3.7% |
Analyst forecast in 3 Years (ARCC) | 14.4% |
Notable Dividend: ARCC's dividend (2.36%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.49%).
High Dividend: ARCC's dividend (2.36%) is low compared to the top 25% of dividend payers in the EG market (7.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), ARCC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), ARCC's dividend payments are thoroughly covered by cash flows.