Jordan Electric Power Dividend
Dividend criteria checks 4/6
Jordan Electric Power is a dividend paying company with a current yield of 4.93% that is well covered by earnings.
Key information
4.9%
Dividend yield
59%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.19 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JOEP's dividend payments have been volatile in the past 10 years.
Growing Dividend: JOEP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jordan Electric Power Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (JOEP) | 4.9% |
Market Bottom 25% (JO) | 4.5% |
Market Top 25% (JO) | 7.6% |
Industry Average (Electric Utilities) | 3.4% |
Analyst forecast in 3 Years (JOEP) | n/a |
Notable Dividend: JOEP's dividend (4.93%) is higher than the bottom 25% of dividend payers in the JO market (4.55%).
High Dividend: JOEP's dividend (4.93%) is low compared to the top 25% of dividend payers in the JO market (7.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.6%), JOEP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21%), JOEP's dividend payments are well covered by cash flows.