Aluminium Bahrain B.S.C Dividend
Dividend criteria checks 4/6
Aluminium Bahrain B.S.C is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
35%
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 | US$0.083 |
Dividend yield forecast in 3Y | 13.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALBH's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALBH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Aluminium Bahrain B.S.C Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ALBH) | 2.3% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.9% |
Industry Average (Metals and Mining) | 3.9% |
Analyst forecast in 3 Years (ALBH) | 13.1% |
Notable Dividend: ALBH's dividend (2.3%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: ALBH's dividend (2.3%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), ALBH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.1%), ALBH's dividend payments are well covered by cash flows.