Ashdod Refinery Dividend
Dividend criteria checks 4/6
Ashdod Refinery is a dividend paying company with a current yield of 19% that is well covered by earnings.
Key information
19.0%
Dividend yield
47%
Payout ratio
| Industry average yield | 8.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₪9.28 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ARF's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ARF's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Ashdod Refinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARF) | 19.0% |
| Market Bottom 25% (IL) | 2.4% |
| Market Top 25% (IL) | 6.8% |
| Industry Average (Oil and Gas) | 8.8% |
| Analyst forecast in 3 Years (ARF) | n/a |
Notable Dividend: ARF's dividend (19%) is higher than the bottom 25% of dividend payers in the IL market (2.34%).
High Dividend: ARF's dividend (19%) is in the top 25% of dividend payers in the IL market (6.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.3%), ARF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.1%), ARF's dividend payments are well covered by cash flows.