Ennakl Automobiles Dividend
Dividend criteria checks 5/6
Ennakl Automobiles is a dividend paying company with a current yield of 6.42% that is well covered by earnings.
Key information
6.4%
Dividend yield
50%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.م2.251 |
| Earnings per share | د.م1.39 |
| Dividend yield forecast | 6.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NKL's dividends per share have been stable in the past 10 years.
Growing Dividend: NKL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ennakl Automobiles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NKL) | 6.4% |
| Market Bottom 25% (MA) | 2.2% |
| Market Top 25% (MA) | 4.3% |
| Industry Average (Specialty Retail) | 3.3% |
| Analyst forecast (NKL) (up to 3 years) | 6.9% |
Notable Dividend: NKL's dividend (6.42%) is higher than the bottom 25% of dividend payers in the MA market (2.21%).
High Dividend: NKL's dividend (6.42%) is in the top 25% of dividend payers in the MA market (4.28%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), NKL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (280%), NKL's dividend payments are not well covered by cash flows.