Canal Shipping Agencies Dividend
Dividend criteria checks 3/6
Canal Shipping Agencies is a dividend paying company with a current yield of 5.1% that is well covered by earnings.
Key information
5.1%
Dividend yield
45%
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.م2.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSAG's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSAG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canal Shipping Agencies Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CSAG) | 5.1% |
Market Bottom 25% (EG) | 2.5% |
Market Top 25% (EG) | 7.0% |
Industry Average (Infrastructure) | 3.9% |
Analyst forecast in 3 Years (CSAG) | n/a |
Notable Dividend: CSAG's dividend (5.1%) is higher than the bottom 25% of dividend payers in the EG market (2.48%).
High Dividend: CSAG's dividend (5.1%) is low compared to the top 25% of dividend payers in the EG market (7.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.8%), CSAG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CSAG is paying a dividend but the company has no free cash flows.