Abraj Energy Services SAOG Dividend
Dividend criteria checks 3/6
Abraj Energy Services SAOG is a dividend paying company with a current yield of 7.07% that is well covered by earnings.
Key information
7.1%
Dividend yield
82%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.ع0.026 |
Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ABRJ's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ABRJ's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Abraj Energy Services SAOG Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABRJ) | 7.1% |
Market Bottom 25% (OM) | 3.9% |
Market Top 25% (OM) | 7.1% |
Industry Average (Energy Services) | 2.7% |
Analyst forecast in 3 Years (ABRJ) | 9.7% |
Notable Dividend: ABRJ's dividend (7.07%) is higher than the bottom 25% of dividend payers in the OM market (3.94%).
High Dividend: ABRJ's dividend (7.07%) is in the top 25% of dividend payers in the OM market (7.07%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82%), ABRJ's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115%), ABRJ's dividend payments are not well covered by cash flows.