ASSAS FOR CONCRETE PRODUCTS Dividend
Dividend criteria checks 1/6
ASSAS FOR CONCRETE PRODUCTS is a dividend paying company with a current yield of 4.11% that is well covered by earnings.
Key information
4.1%
Dividend yield
59%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.أ0.051 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ASAS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ASAS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| ASSAS FOR CONCRETE PRODUCTS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASAS) | 4.1% |
| Market Bottom 25% (JO) | 4.6% |
| Market Top 25% (JO) | 7.7% |
| Industry Average (Basic Materials) | 2.3% |
| Analyst forecast in 3 Years (ASAS) | n/a |
Notable Dividend: ASAS's dividend (4.11%) isn’t notable compared to the bottom 25% of dividend payers in the JO market (4.55%).
High Dividend: ASAS's dividend (4.11%) is low compared to the top 25% of dividend payers in the JO market (7.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), ASAS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105.9%), ASAS's dividend payments are not well covered by cash flows.