Independent Petroleum Group K.S.C.P Dividends and Buybacks
Dividend criteria checks 4/6
Independent Petroleum Group K.S.C.P is a dividend paying company with a current yield of 6.14% that is well covered by earnings.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ك0.030 |
| Payout ratio | 64% |
Recent dividend and buyback 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) | 6.1% |
| Market Bottom 25% (KW) | 3.0% |
| Market Top 25% (KW) | 6.3% |
| Industry Average (Oil and Gas) | 6.5% |
| Analyst forecast (IPG) (up to 3 years) | n/a |
Notable Dividend: IPG's dividend (6.14%) is higher than the bottom 25% of dividend payers in the KW market (2.98%).
High Dividend: IPG's dividend (6.14%) is low compared to the top 25% of dividend payers in the KW market (6.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), IPG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), IPG's dividend payments are thoroughly covered by cash flows.