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 2.99% 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
3.0%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.9% |
| 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) | 3.0% |
| Market Bottom 25% (KW) | 2.9% |
| Market Top 25% (KW) | 6.2% |
| Industry Average (Energy Services) | 2.5% |
| Analyst forecast (ABAR) (up to 3 years) | n/a |
Notable Dividend: ABAR's dividend (2.99%) is higher than the bottom 25% of dividend payers in the KW market (2.91%).
High Dividend: ABAR's dividend (2.99%) is low compared to the top 25% of dividend payers in the KW market (6.24%).
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%), ABAR's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:01 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Burgan Company for Well Drilling, Trading and Maintenance K.S.C. (Public) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|