Ashdod Refinery Dividend
Dividend criteria checks 4/6
Ashdod Refinery is a dividend paying company with a current yield of 27.15% that is well covered by earnings.
Key information
27.2%
Dividend yield
47%
Payout ratio
Industry average yield | 9.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₪4.392 |
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 |
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Segment | Dividend Yield |
---|---|
Company (ARF) | 27.2% |
Market Bottom 25% (IL) | 2.5% |
Market Top 25% (IL) | 6.6% |
Industry Average (Oil and Gas) | 9.5% |
Analyst forecast in 3 Years (ARF) | n/a |
Notable Dividend: ARF's dividend (27.15%) is higher than the bottom 25% of dividend payers in the IL market (2.48%).
High Dividend: ARF's dividend (27.15%) is in the top 25% of dividend payers in the IL market (6.64%)
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.