Jassim Transport & Stevedoring Company K.S.C.P Dividend
Dividend criteria checks 2/6
Jassim Transport & Stevedoring Company K.S.C.P is a dividend paying company with a current yield of 6.06% that is well covered by earnings.
Key information
6.1%
Dividend yield
55%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ك0.04 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, JTC has been paying a dividend for less than 10 years.
Growing Dividend: JTC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Jassim Transport & Stevedoring Company K.S.C.P Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (JTC) | 6.1% |
Market Bottom 25% (KW) | 3.4% |
Market Top 25% (KW) | 6.5% |
Industry Average (Infrastructure) | 2.9% |
Analyst forecast in 3 Years (JTC) | n/a |
Notable Dividend: JTC's dividend (6.06%) is higher than the bottom 25% of dividend payers in the KW market (3.42%).
High Dividend: JTC's dividend (6.06%) is low compared to the top 25% of dividend payers in the KW market (6.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.8%), JTC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (164.3%), JTC's dividend payments are not well covered by cash flows.