Irbid District Electricity Dividend
Dividend criteria checks 3/6
Irbid District Electricity is a dividend paying company with a current yield of 5.1% that is well covered by earnings.
Key information
5.1%
Dividend yield
48%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.66 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IREL's dividend payments have been volatile in the past 10 years.
Growing Dividend: IREL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Irbid District Electricity Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IREL) | 5.1% |
Market Bottom 25% (JO) | 4.5% |
Market Top 25% (JO) | 7.5% |
Industry Average (Electric Utilities) | 3.5% |
Analyst forecast in 3 Years (IREL) | n/a |
Notable Dividend: IREL's dividend (5.1%) is higher than the bottom 25% of dividend payers in the JO market (4.51%).
High Dividend: IREL's dividend (5.1%) is low compared to the top 25% of dividend payers in the JO market (7.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.9%), IREL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IREL is paying a dividend but the company has no free cash flows.