Offtec Holding Group Company (P.L.C.) Dividends and Buybacks
Dividend criteria checks 4/6
Offtec Holding Group Company (P.L.C.) is a dividend paying company with a current yield of 8.54% that is well covered by earnings.
Key information
8.5%
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.أ0.035 |
| Payout ratio | 60% |
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, OFTC has been paying a dividend for less than 10 years.
Growing Dividend: OFTC has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Offtec Holding Group Company (P.L.C.) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OFTC) | 8.5% |
| Market Bottom 25% (JO) | 4.5% |
| Market Top 25% (JO) | 7.7% |
| Industry Average (IT) | 1.7% |
| Analyst forecast (OFTC) (up to 3 years) | n/a |
Notable Dividend: OFTC's dividend (8.54%) is higher than the bottom 25% of dividend payers in the JO market (4.55%).
High Dividend: OFTC's dividend (8.54%) is in the top 25% of dividend payers in the JO market (7.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.2%), OFTC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.5%), OFTC's dividend payments are well covered by cash flows.