Egyptian Financial and Industrial SAE is a dividend paying company with a current yield of 8.73% that is well covered by earnings. Next payment date is on 1st December, 2024 with an ex-dividend date of 28th April, 2024.
Key information
8.7%
Dividend yield
84%
Payout ratio
Industry average yield
5.7%
Next dividend pay date
01 Dec 24
Ex dividend date
28 Apr 24
Dividend per share
n/a
Earnings per share
ج.م8.33
Dividend yield forecast in 3Y
4.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, EFIC has been paying a dividend for less than 10 years.
Growing Dividend: EFIC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Egyptian Financial and Industrial SAE Dividend Yield vs Market
How does EFIC dividend yield compare to the market?
Segment
Dividend Yield
Company (EFIC)
8.7%
Market Bottom 25% (EG)
2.4%
Market Top 25% (EG)
6.9%
Industry Average (Chemicals)
5.7%
Analyst forecast in 3 Years (EFIC)
4.7%
Notable Dividend: EFIC's dividend (8.73%) is higher than the bottom 25% of dividend payers in the EG market (2.31%).
High Dividend: EFIC's dividend (8.73%) is in the top 25% of dividend payers in the EG market (6.8%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84%), EFIC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EFIC is paying a dividend but the company has no free cash flows.