Al Eid Food Company K.S.C. (Public) Dividends and Buybacks
Dividend criteria checks 2/6
Al Eid Food Company K.S.C. (Public) is a dividend paying company with a current yield of 4.12% that is well covered by earnings.
Key information
4.1%
Dividend yield
-27.8%
Buyback Yield
| Total Shareholder Yield | -23.7% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 24.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ك0.010 |
| Payout ratio | 56% |
Recent dividend and buyback 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 4 years.
Dividend Yield vs Market
| Al Eid Food Company K.S.C. (Public) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALEID) | 4.1% |
| Market Bottom 25% (KW) | 3.0% |
| Market Top 25% (KW) | 6.2% |
| Industry Average (Consumer Retailing) | 2.2% |
| Analyst forecast (ALEID) (up to 3 years) | 4.1% |
Notable Dividend: ALEID's dividend (4.12%) is higher than the bottom 25% of dividend payers in the KW market (3.04%).
High Dividend: ALEID's dividend (4.12%) is low compared to the top 25% of dividend payers in the KW market (6.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.8%), ALEID's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1744%), ALEID's dividend payments are not well covered by cash flows.