Afric Industries Dividends and Buybacks
Dividend criteria checks 3/6
Afric Industries is a dividend paying company with a current yield of 6.63%.
Key information
6.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.م20.000 |
| Payout ratio | 131% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFI's dividends per share have been stable in the past 10 years.
Growing Dividend: AFI's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Afric Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFI) | 6.6% |
| Market Bottom 25% (MA) | 2.1% |
| Market Top 25% (MA) | 4.4% |
| Industry Average (Building) | 5.3% |
| Analyst forecast (AFI) (up to 3 years) | n/a |
Notable Dividend: AFI's dividend (6.63%) is higher than the bottom 25% of dividend payers in the MA market (2.12%).
High Dividend: AFI's dividend (6.63%) is in the top 25% of dividend payers in the MA market (4.31%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (130.8%), AFI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate AFI's cash payout ratio to determine if its dividend payments are covered by cash flows.