ALAFCO Aviation Lease and Finance Company K.S.C.P.
KWSE:ALAFCO Stock Report
Market Cap: د.ك220.9m
ALAFCO Aviation Lease and Finance Company K.S.C.P Dividend
Dividend criteria checks 3/6
ALAFCO Aviation Lease and Finance Company K.S.C.P is a dividend paying company with a current yield of 82.72%. Next payment date is on 22nd October, 2024 with an ex-dividend date of 17th October, 2024.
Key information
82.7%
Dividend yield
595%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
22 Oct 24
Ex dividend date
17 Oct 24
Dividend per share
د.ك0.192
Earnings per share
د.ك0.016
Dividend yield forecast
n/a
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALAFCO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALAFCO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
ALAFCO Aviation Lease and Finance Company K.S.C.P Dividend Yield vs Market
How does ALAFCO dividend yield compare to the market?
Segment
Dividend Yield
Company (ALAFCO)
82.7%
Market Bottom 25% (KW)
3.3%
Market Top 25% (KW)
6.4%
Industry Average (Trade Distributors)
3.1%
Analyst forecast (ALAFCO) (up to 3 years)
n/a
Notable Dividend: ALAFCO's dividend (82.72%) is higher than the bottom 25% of dividend payers in the KW market (3.35%).
High Dividend: ALAFCO's dividend (82.72%) is in the top 25% of dividend payers in the KW market (6.44%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (595.4%), ALAFCO's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALAFCO is paying a dividend but the company has no free cash flows.