SONASID Dividend

Dividend criteria checks 2/6

SONASID S.A. is a dividend paying company with a current yield of 6.4% that is well covered by earnings.

Key information

6.4%

Dividend yield

123%

Payout ratio

Industry average yield8.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareد.م38.00
Earnings per shareد.م30.82
Dividend yield forecast in 3Y5.2%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

How stable has SONASID's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/2024362
12/31/202325.52
2/6/2023386.39
7/15/2022386.17
6/17/202171.05
9/29/2016-0
3/30/2016-0
3/29/2016-0
12/24/20154110.31
7/8/2014586.97

Stable Dividend: SID has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SID has only been paying a dividend for 8 years, and since then payments have fallen.


Dividend Yield vs Market

SONASID Dividend Yield vs Market
How does SID dividend yield compare to the market?
SegmentDividend Yield
Company (SID)6.4%
Market Bottom 25% (MA)3.5%
Market Top 25% (MA)5.0%
Industry Average (Metals and Mining)8.6%
Analyst forecast in 3 Years (SID)5.2%

Notable Dividend: SID's dividend (6.39%) is higher than the bottom 25% of dividend payers in the MA market (3.46%).

High Dividend: SID's dividend (6.39%) is in the top 25% of dividend payers in the MA market (4.98%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (123.3%), SID's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (149.1%), SID's dividend payments are not well covered by cash flows.


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