Offtec Holding Group Company (P.L.C.) Dividend
Dividend criteria checks 3/6
Offtec Holding Group Company (P.L.C.) is a dividend paying company with a current yield of 10.94% that is well covered by earnings.
Key information
10.9%
Dividend yield
60%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.058 |
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 OFTC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if OFTC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Offtec Holding Group Company (P.L.C.) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OFTC) | 10.9% |
Market Bottom 25% (JO) | 4.6% |
Market Top 25% (JO) | 7.6% |
Industry Average (IT) | 1.7% |
Analyst forecast in 3 Years (OFTC) | n/a |
Notable Dividend: OFTC's dividend (10.94%) is higher than the bottom 25% of dividend payers in the JO market (4.57%).
High Dividend: OFTC's dividend (10.94%) is in the top 25% of dividend payers in the JO market (7.58%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60%), OFTC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.7%), OFTC's dividend payments are not well covered by cash flows.