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
How does COAST dividend yield compare to the 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.