Egypt Aluminum Dividend
Dividend criteria checks 3/6
Egypt Aluminum is a dividend paying company with a current yield of 6.81% that is well covered by earnings.
Key information
6.8%
Dividend yield
49%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ج.م13.14 |
Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EGAL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EGAL's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Egypt Aluminum Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EGAL) | 6.8% |
Market Bottom 25% (EG) | 2.5% |
Market Top 25% (EG) | 7.2% |
Industry Average (Metals and Mining) | 3.5% |
Analyst forecast in 3 Years (EGAL) | 8.6% |
Notable Dividend: EGAL's dividend (6.81%) is higher than the bottom 25% of dividend payers in the EG market (2.48%).
High Dividend: EGAL's dividend (6.81%) is low compared to the top 25% of dividend payers in the EG market (7.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), EGAL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.2%), EGAL's dividend payments are covered by cash flows.