Abraj Energy Services SAOG Dividends and Buybacks
Dividend criteria checks 2/6
Abraj Energy Services SAOG is a dividend paying company with a current yield of 7.63% that is well covered by earnings.
Key information
7.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 9.0% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ع0.0212 |
| Payout ratio | 80% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ABRJ has been paying a dividend for less than 10 years.
Growing Dividend: ABRJ's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Abraj Energy Services SAOG Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ABRJ) | 7.6% |
| Market Bottom 25% (OM) | 4.0% |
| Market Top 25% (OM) | 8.0% |
| Industry Average (Energy Services) | 2.5% |
| Analyst forecast (ABRJ) (up to 3 years) | 9.0% |
Notable Dividend: ABRJ's dividend (7.63%) is higher than the bottom 25% of dividend payers in the OM market (3.98%).
High Dividend: ABRJ's dividend (7.63%) is low compared to the top 25% of dividend payers in the OM market (8.03%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.5%), ABRJ's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (125.6%), ABRJ's dividend payments are not well covered by cash flows.