Heavy Engineering Industries and Shipbuilding Company K.S.C.P.
KWSE:SHIP Stock Report
Market Cap: د.ك152.1m
Heavy Engineering Industries and Shipbuilding Company K.S.C.P Dividend
Dividend criteria checks 4/6
Heavy Engineering Industries and Shipbuilding Company K.S.C.P is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 13th May, 2024.
Key information
3.6%
Dividend yield
76%
Payout ratio
Industry average yield
2.7%
Next dividend pay date
21 May 24
Ex dividend date
13 May 24
Dividend per share
n/a
Earnings per share
د.ك0.039
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHIP's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHIP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Heavy Engineering Industries and Shipbuilding Company K.S.C.P Dividend Yield vs Market
How does SHIP dividend yield compare to the market?
Segment
Dividend Yield
Company (SHIP)
3.6%
Market Bottom 25% (KW)
3.4%
Market Top 25% (KW)
6.6%
Industry Average (Energy Services)
2.7%
Analyst forecast in 3 Years (SHIP)
n/a
Notable Dividend: SHIP's dividend (3.55%) is higher than the bottom 25% of dividend payers in the KW market (3.45%).
High Dividend: SHIP's dividend (3.55%) is low compared to the top 25% of dividend payers in the KW market (6.55%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.1%), SHIP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.6%), SHIP's dividend payments are well covered by cash flows.