Jordan National Shipping Lines Dividend
Dividend criteria checks 3/6
Jordan National Shipping Lines is a dividend paying company with a current yield of 6.82% that is well covered by earnings.
Key information
6.8%
Dividend yield
71%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.21 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHIP's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHIP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jordan National Shipping Lines Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SHIP) | 6.8% |
Market Bottom 25% (JO) | 4.7% |
Market Top 25% (JO) | 7.7% |
Industry Average (Shipping) | 5.8% |
Analyst forecast in 3 Years (SHIP) | n/a |
Notable Dividend: SHIP's dividend (6.82%) is higher than the bottom 25% of dividend payers in the JO market (4.7%).
High Dividend: SHIP's dividend (6.82%) is low compared to the top 25% of dividend payers in the JO market (7.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), SHIP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118.6%), SHIP's dividend payments are not well covered by cash flows.