ASSAS FOR CONCRETE PRODUCTS Dividends and Buybacks
Dividend criteria checks 1/6
ASSAS FOR CONCRETE PRODUCTS is a dividend paying company with a current yield of 4.29% 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 | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.أ0.030 |
| Payout ratio | 47% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ASAS has been paying a dividend for less than 10 years.
Growing Dividend: ASAS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| ASSAS FOR CONCRETE PRODUCTS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASAS) | 4.3% |
| Market Bottom 25% (JO) | 4.5% |
| Market Top 25% (JO) | 7.7% |
| Industry Average (Basic Materials) | 2.5% |
| Analyst forecast (ASAS) (up to 3 years) | n/a |
Notable Dividend: ASAS's dividend (4.29%) isn’t notable compared to the bottom 25% of dividend payers in the JO market (4.54%).
High Dividend: ASAS's dividend (4.29%) 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 (46.9%), ASAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104.4%), ASAS's dividend payments are not well covered by cash flows.