This company is no longer active
Qurain Petrochemical Industries Company K.S.C.P Dividend
Dividend criteria checks 5/6
Key information
6.9%
Dividend yield
54%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ك0.033 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALQURAIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALQURAIN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Qurain Petrochemical Industries Company K.S.C.P Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ALQURAIN) | 6.9% |
Market Bottom 25% (KW) | 3.5% |
Market Top 25% (KW) | 6.6% |
Industry Average (Food) | 2.4% |
Analyst forecast in 3 Years (ALQURAIN) | n/a |
Notable Dividend: ALQURAIN's dividend (6.9%) is higher than the bottom 25% of dividend payers in the KW market (2.74%).
High Dividend: ALQURAIN's dividend (6.9%) is in the top 25% of dividend payers in the KW market (6.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), ALQURAIN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37%), ALQURAIN's dividend payments are well covered by cash flows.