Egyptian Financial and Industrial SAE Dividend
Dividend criteria checks 2/6
Egyptian Financial and Industrial SAE is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
64%
Payout ratio
| Industry average yield | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ج.م7.000 |
| Earnings per share | ج.م10.99 |
| Dividend yield forecast | 5.5% |
Recent dividend updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EFIC) | 5.0% |
| Market Bottom 25% (EG) | 2.0% |
| Market Top 25% (EG) | 5.9% |
| Industry Average (Chemicals) | 6.3% |
| Analyst forecast (EFIC) (up to 3 years) | 5.5% |
Notable Dividend: EFIC's dividend (5%) is higher than the bottom 25% of dividend payers in the EG market (2%).
High Dividend: EFIC's dividend (5%) is low compared to the top 25% of dividend payers in the EG market (6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.7%), EFIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.2%), EFIC's dividend payments are not well covered by cash flows.