Coast Investment & Development Company K.S.C.P Dividend
Dividend criteria checks 3/6
Coast Investment & Development Company K.S.C.P is a dividend paying company with a current yield of 6.94% that is well covered by earnings. Next payment date is on 11th July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
6.9%
Dividend yield
88%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 11 Jul 24 |
| Ex dividend date | 02 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | د.ك0.0057 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, COAST has been paying a dividend for less than 10 years.
Growing Dividend: COAST has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Coast Investment & Development Company K.S.C.P Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COAST) | 6.9% |
| Market Bottom 25% (KW) | 3.3% |
| Market Top 25% (KW) | 6.4% |
| Industry Average (Capital Markets) | 4.7% |
| Analyst forecast in 3 Years (COAST) | n/a |
Notable Dividend: COAST's dividend (6.94%) is higher than the bottom 25% of dividend payers in the KW market (3.25%).
High Dividend: COAST's dividend (6.94%) is in the top 25% of dividend payers in the KW market (6.45%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.1%), COAST's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (138.7%), COAST's dividend payments are not well covered by cash flows.