Sidi Kerir Petrochemicals Dividend
Dividend criteria checks 3/6
Sidi Kerir Petrochemicals is a dividend paying company with a current yield of 2.61% that is well covered by earnings.
Key information
2.6%
Dividend yield
28%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ج.م0.750 |
| Earnings per share | ج.م2.79 |
| Dividend yield forecast | 6.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SKPC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SKPC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Sidi Kerir Petrochemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SKPC) | 2.6% |
| Market Bottom 25% (EG) | 2.3% |
| Market Top 25% (EG) | 6.5% |
| Industry Average (Chemicals) | 4.2% |
| Analyst forecast (SKPC) (up to 3 years) | 6.6% |
Notable Dividend: SKPC's dividend (2.61%) is higher than the bottom 25% of dividend payers in the EG market (2.35%).
High Dividend: SKPC's dividend (2.61%) is low compared to the top 25% of dividend payers in the EG market (6.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), SKPC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.8%), SKPC's dividend payments are covered by cash flows.