Combined Group Contracting Company - K.S.C. (Public)
KWSE:CGC Stock Report
Market Cap: د.ك74.7m
Combined Group Contracting Company - K.S.C. (Public) Dividend
Dividend criteria checks 4/6
Combined Group Contracting Company - K.S.C. (Public) is a dividend paying company with a current yield of 6.83% that is well covered by earnings. Next payment date is on 16th June, 2024 with an ex-dividend date of 9th June, 2024.
Key information
6.8%
Dividend yield
56%
Payout ratio
Industry average yield
2.9%
Next dividend pay date
16 Jun 24
Ex dividend date
09 Jun 24
Dividend per share
n/a
Earnings per share
د.ك0.053
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGC's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Combined Group Contracting Company - K.S.C. (Public) Dividend Yield vs Market
How does CGC dividend yield compare to the market?
Segment
Dividend Yield
Company (CGC)
6.8%
Market Bottom 25% (KW)
3.4%
Market Top 25% (KW)
6.6%
Industry Average (Construction)
2.9%
Analyst forecast in 3 Years (CGC)
n/a
Notable Dividend: CGC's dividend (6.83%) is higher than the bottom 25% of dividend payers in the KW market (3.45%).
High Dividend: CGC's dividend (6.83%) is in the top 25% of dividend payers in the KW market (6.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), CGC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.6%), CGC's dividend payments are covered by cash flows.