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 yield | 8.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.م38.00 |
| Earnings per share | د.م30.82 |
| Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 36 | 2 |
| 12/31/2023 | 25.5 | 2 |
| 2/6/2023 | 38 | 6.39 |
| 7/15/2022 | 38 | 6.17 |
| 6/17/2021 | 7 | 1.05 |
| 9/29/2016 | - | 0 |
| 3/30/2016 | - | 0 |
| 3/29/2016 | - | 0 |
| 12/24/2015 | 41 | 10.31 |
| 7/8/2014 | 58 | 6.97 |
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 |
|---|
| Segment | Dividend 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.