Salam International Transport and Trading Dividend
Dividend criteria checks 2/6
Salam International Transport and Trading is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.5%
Dividend yield
44%
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.أ0.11 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SITT has been paying a dividend for less than 10 years.
Growing Dividend: SITT has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Salam International Transport and Trading Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SITT) | 4.5% |
Market Bottom 25% (JO) | 4.7% |
Market Top 25% (JO) | 7.7% |
Industry Average (Shipping) | 5.8% |
Analyst forecast in 3 Years (SITT) | n/a |
Notable Dividend: SITT's dividend (4.55%) isn’t notable compared to the bottom 25% of dividend payers in the JO market (4.7%).
High Dividend: SITT's dividend (4.55%) is low compared to the top 25% of dividend payers in the JO market (7.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), SITT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.8%), SITT's dividend payments are covered by cash flows.