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 6.19% that is well covered by earnings.
Key information
6.2%
Dividend yield
66%
Payout ratio
| Industry average yield | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ك0.030 |
| Earnings per share | د.ك0.046 |
| Dividend yield forecast | 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) | 6.2% |
| Market Bottom 25% (KW) | 3.5% |
| Market Top 25% (KW) | 6.4% |
| Industry Average (Oil and Gas) | 6.3% |
| Analyst forecast (IPG) (up to 3 years) | n/a |
Notable Dividend: IPG's dividend (6.19%) is higher than the bottom 25% of dividend payers in the KW market (3.48%).
High Dividend: IPG's dividend (6.19%) is low compared to the top 25% of dividend payers in the KW market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.5%), 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.