Dalqan Real Estate Company K.S.C. (Public) Dividend
Dividend criteria checks 2/6
Dalqan Real Estate Company K.S.C. (Public) is a dividend paying company with a current yield of 3.94% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
3.9%
Dividend yield
53%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 30 May 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.ك0.0094 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DALQAN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DALQAN's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Dalqan Real Estate Company K.S.C. (Public) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DALQAN) | 3.9% |
| Market Bottom 25% (KW) | 3.2% |
| Market Top 25% (KW) | 6.3% |
| Industry Average (Real Estate) | 2.6% |
| Analyst forecast in 3 Years (DALQAN) | n/a |
Notable Dividend: DALQAN's dividend (3.94%) is higher than the bottom 25% of dividend payers in the KW market (3.22%).
High Dividend: DALQAN's dividend (3.94%) is low compared to the top 25% of dividend payers in the KW market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.3%), DALQAN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (192.6%), DALQAN's dividend payments are not well covered by cash flows.