Mobile Telecommunications Company K.S.C.P Dividend
Dividend criteria checks 4/6
Mobile Telecommunications Company K.S.C.P is a dividend paying company with a current yield of 7.22% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 21st May, 2024.
Key information
7.2%
Dividend yield
70%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 21 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.ك0.05 |
| Dividend yield forecast in 3Y | 9.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ZAIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZAIN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mobile Telecommunications Company K.S.C.P Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ZAIN) | 7.2% |
| Market Bottom 25% (KW) | 3.5% |
| Market Top 25% (KW) | 6.7% |
| Industry Average (Wireless Telecom) | 4.1% |
| Analyst forecast in 3 Years (ZAIN) | 9.3% |
Notable Dividend: ZAIN's dividend (7.22%) is higher than the bottom 25% of dividend payers in the KW market (3.54%).
High Dividend: ZAIN's dividend (7.22%) is in the top 25% of dividend payers in the KW market (6.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.3%), ZAIN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61%), ZAIN's dividend payments are covered by cash flows.