Kuwait Company for Process Plant Construction and Contracting K.S.C.P Dividend
Dividend criteria checks 3/6
Kuwait Company for Process Plant Construction and Contracting K.S.C.P is a dividend paying company with a current yield of 5.26% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
5.3%
Dividend yield
72%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 06 Jun 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.ك0.021 |
| 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: KCPC's dividend payments have been volatile in the past 10 years.
Growing Dividend: KCPC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kuwait Company for Process Plant Construction and Contracting K.S.C.P Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KCPC) | 5.3% |
| Market Bottom 25% (KW) | 3.4% |
| Market Top 25% (KW) | 6.6% |
| Industry Average (Construction) | 2.9% |
| Analyst forecast in 3 Years (KCPC) | n/a |
Notable Dividend: KCPC's dividend (5.26%) is higher than the bottom 25% of dividend payers in the KW market (3.45%).
High Dividend: KCPC's dividend (5.26%) is low compared to the top 25% of dividend payers in the KW market (6.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), KCPC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (431.6%), KCPC's dividend payments are not well covered by cash flows.