Ezz Steel Company (S.A.E) Dividend
Dividend criteria checks 1/6
Ezz Steel Company (S.A.E) is a dividend paying company with a current yield of 1.32%.
Key information
1.3%
Dividend yield
n/a
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -ج.م0.21 |
| Dividend yield forecast in 3Y | 6.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ESRS has been paying a dividend for less than 10 years.
Growing Dividend: ESRS has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Ezz Steel Company (S.A.E) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ESRS) | 1.3% |
| Market Bottom 25% (EG) | 2.4% |
| Market Top 25% (EG) | 7.2% |
| Industry Average (Metals and Mining) | 3.9% |
| Analyst forecast in 3 Years (ESRS) | 6.9% |
Notable Dividend: ESRS's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.43%).
High Dividend: ESRS's dividend (1.32%) is low compared to the top 25% of dividend payers in the EG market (7.18%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate ESRS's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.3%), ESRS's dividend payments are thoroughly covered by cash flows.