Gulf Bank K.S.C.P Dividends and Buybacks
Dividend criteria checks 3/6
Gulf Bank K.S.C.P is a dividend paying company with a current yield of 3.55% that is well covered by earnings.
Key information
3.6%
Dividend yield
-4.7%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ك0.0114 |
| Payout ratio | 74% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GBK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GBK's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Gulf Bank K.S.C.P Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GBK) | 3.6% |
| Market Bottom 25% (KW) | 3.1% |
| Market Top 25% (KW) | 6.3% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast (GBK) (up to 3 years) | 3.3% |
Notable Dividend: GBK's dividend (3.55%) is higher than the bottom 25% of dividend payers in the KW market (3.06%).
High Dividend: GBK's dividend (3.55%) is low compared to the top 25% of dividend payers in the KW market (6.26%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.4%), GBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GBK's dividends in 3 years are forecast to be well covered by earnings (41.6% payout ratio).