Egyptian International Pharmaceutical Industries Dividend
Dividend criteria checks 2/6
Egyptian International Pharmaceutical Industries is a dividend paying company with a current yield of 2.39% that is well covered by earnings. Next payment date is on 29th August, 2024 with an ex-dividend date of 28th April, 2024.
Key information
2.4%
Dividend yield
18%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 29 Aug 24 |
| Ex dividend date | 28 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | ج.م5.53 |
| Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PHAR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PHAR has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Egyptian International Pharmaceutical Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PHAR) | 2.4% |
| Market Bottom 25% (EG) | 2.4% |
| Market Top 25% (EG) | 6.9% |
| Industry Average (Pharmaceuticals) | 3.1% |
| Analyst forecast in 3 Years (PHAR) | 4.8% |
Notable Dividend: PHAR's dividend (2.39%) is higher than the bottom 25% of dividend payers in the EG market (2.31%).
High Dividend: PHAR's dividend (2.39%) is low compared to the top 25% of dividend payers in the EG market (6.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.1%), PHAR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PHAR is paying a dividend but the company has no free cash flows.