Burgan Company for Well Drilling Trading and Maintenance K.S.C. (Public) Dividends and Buybacks
Dividend criteria checks 3/6
Burgan Company for Well Drilling Trading and Maintenance K.S.C. (Public) is a dividend paying company with a current yield of 3.16% that is well covered by earnings. Next payment date is on 19th January, 2025 with an ex-dividend date of 13th January, 2025.
Key information
3.2%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.3% |
| Next dividend pay date | 19 Jan 25 |
| Ex dividend date | 13 Jan 25 |
| Dividend per share | د.ك0.005 |
| Payout ratio | 39% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABAR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ABAR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Burgan Company for Well Drilling Trading and Maintenance K.S.C. (Public) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABAR) | 3.2% |
| Market Bottom 25% (KW) | 3.0% |
| Market Top 25% (KW) | 6.2% |
| Industry Average (Energy Services) | 2.4% |
| Analyst forecast (ABAR) (up to 3 years) | n/a |
Notable Dividend: ABAR's dividend (3.16%) is higher than the bottom 25% of dividend payers in the KW market (3.14%).
High Dividend: ABAR's dividend (3.16%) is low compared to the top 25% of dividend payers in the KW market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), ABAR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), ABAR's dividend payments are thoroughly covered by cash flows.