Egyptian Transport and Commercial Services CompanyE Dividend
Dividend criteria checks 2/6
Egyptian Transport and Commercial Services CompanyE is a dividend paying company with a current yield of 4.47% that is well covered by earnings.
Key information
4.5%
Dividend yield
38%
Payout ratio
Industry average yield | 6.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ج.م0.39 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ETRS has been paying a dividend for less than 10 years.
Growing Dividend: ETRS has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Egyptian Transport and Commercial Services CompanyE Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ETRS) | 4.5% |
Market Bottom 25% (EG) | 2.5% |
Market Top 25% (EG) | 7.2% |
Industry Average (Shipping) | 6.2% |
Analyst forecast in 3 Years (ETRS) | n/a |
Notable Dividend: ETRS's dividend (4.47%) is higher than the bottom 25% of dividend payers in the EG market (2.49%).
High Dividend: ETRS's dividend (4.47%) is low compared to the top 25% of dividend payers in the EG market (7.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), ETRS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (204.7%), ETRS's dividend payments are not well covered by cash flows.