Al Eid Food Company K.S.C. (Public) Dividend
Dividend criteria checks 2/6
Al Eid Food Company K.S.C. (Public) is a dividend paying company with a current yield of 4.81% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
4.8%
Dividend yield
58%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | 10 Jul 24 |
Ex dividend date | 03 Jul 24 |
Dividend per share | n/a |
Earnings per share | د.ك0.013 |
Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALEID has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALEID's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Al Eid Food Company K.S.C. (Public) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ALEID) | 4.8% |
Market Bottom 25% (KW) | 3.4% |
Market Top 25% (KW) | 6.7% |
Industry Average (Consumer Retailing) | 2.3% |
Analyst forecast in 3 Years (ALEID) | 4.8% |
Notable Dividend: ALEID's dividend (4.81%) is higher than the bottom 25% of dividend payers in the KW market (3.49%).
High Dividend: ALEID's dividend (4.81%) is low compared to the top 25% of dividend payers in the KW market (6.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), ALEID's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALEID is paying a dividend but the company has no free cash flows.