Independent Petroleum Group K.S.C.P Dividend
Dividend criteria checks 3/6
Independent Petroleum Group K.S.C.P is a dividend paying company with a current yield of 6.25% that is well covered by earnings.
Key information
6.3%
Dividend yield
68%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ك0.044 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IPG's dividends per share have been stable in the past 10 years.
Growing Dividend: IPG's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Independent Petroleum Group K.S.C.P Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IPG) | 6.3% |
Market Bottom 25% (KW) | 3.3% |
Market Top 25% (KW) | 6.5% |
Industry Average (Oil and Gas) | 6.0% |
Analyst forecast in 3 Years (IPG) | n/a |
Notable Dividend: IPG's dividend (6.25%) is higher than the bottom 25% of dividend payers in the KW market (3.31%).
High Dividend: IPG's dividend (6.25%) is low compared to the top 25% of dividend payers in the KW market (6.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.8%), IPG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IPG is paying a dividend but the company has no free cash flows.