Al Quds Readymix Dividends and Buybacks
Dividend criteria checks 1/6
Al Quds Readymix is a dividend paying company with a current yield of 4.27% that is well covered by earnings.
Key information
4.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -11.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.أ0.050 |
| Payout ratio | 36% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AQRM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AQRM's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Al Quds Readymix Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AQRM) | 4.3% |
| Market Bottom 25% (JO) | 4.5% |
| Market Top 25% (JO) | 7.7% |
| Industry Average (Basic Materials) | 2.5% |
| Analyst forecast (AQRM) (up to 3 years) | n/a |
Notable Dividend: AQRM's dividend (4.27%) isn’t notable compared to the bottom 25% of dividend payers in the JO market (4.54%).
High Dividend: AQRM's dividend (4.27%) is low compared to the top 25% of dividend payers in the JO market (7.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), AQRM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.6%), AQRM's dividend payments are not well covered by cash flows.