Ali Al-Ghanim Sons Automotive Company K.S.C.P Dividend
Dividend criteria checks 3/6
Ali Al-Ghanim Sons Automotive Company K.S.C.P is a dividend paying company with a current yield of 6.58% that is well covered by earnings.
Key information
6.6%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ك0.070 |
| Payout ratio | 65% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALG has been paying a dividend for less than 10 years.
Growing Dividend: ALG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Ali Al-Ghanim Sons Automotive Company K.S.C.P Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALG) | 6.6% |
| Market Bottom 25% (KW) | 3.1% |
| Market Top 25% (KW) | 6.3% |
| Industry Average (Specialty Retail) | 2.4% |
| Analyst forecast (ALG) (up to 3 years) | 6.6% |
Notable Dividend: ALG's dividend (6.58%) is higher than the bottom 25% of dividend payers in the KW market (3.11%).
High Dividend: ALG's dividend (6.58%) is in the top 25% of dividend payers in the KW market (6.28%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.4%), ALG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (749%), ALG's dividend payments are not well covered by cash flows.