Palm Hills DevelopmentsE Dividend
Dividend criteria checks 1/6
Palm Hills DevelopmentsE is a dividend paying company with a current yield of 2.98%.
Key information
3.0%
Dividend yield
n/a
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ج.م0.54 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PHDC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PHDC has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Palm Hills DevelopmentsE Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (PHDC) | 3.0% |
Market Bottom 25% (EG) | 2.4% |
Market Top 25% (EG) | 7.1% |
Industry Average (Real Estate) | 0.8% |
Analyst forecast in 3 Years (PHDC) | 3.4% |
Notable Dividend: PHDC's dividend (2.98%) is higher than the bottom 25% of dividend payers in the EG market (2.4%).
High Dividend: PHDC's dividend (2.98%) is low compared to the top 25% of dividend payers in the EG market (7.1%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate PHDC's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PHDC is paying a dividend but the company has no free cash flows.