Al Manar Financing and Leasing Company K.S.C. (Public) Dividend
Dividend criteria checks 3/6
Al Manar Financing and Leasing Company K.S.C. (Public) is a dividend paying company with a current yield of 4.57% that is well covered by earnings.
Key information
4.6%
Dividend yield
42%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ك0.0071 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ALMANAR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ALMANAR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Al Manar Financing and Leasing Company K.S.C. (Public) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ALMANAR) | 4.6% |
Market Bottom 25% (KW) | 3.4% |
Market Top 25% (KW) | 6.6% |
Industry Average (Consumer Finance) | 1.6% |
Analyst forecast in 3 Years (ALMANAR) | n/a |
Notable Dividend: ALMANAR's dividend (4.57%) is higher than the bottom 25% of dividend payers in the KW market (3.45%).
High Dividend: ALMANAR's dividend (4.57%) is low compared to the top 25% of dividend payers in the KW market (6.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42%), ALMANAR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62%), ALMANAR's dividend payments are covered by cash flows.