OQ Gas Networks SAOC Dividends and Buybacks

Dividend criteria checks 3/6

OQ Gas Networks SAOC is a dividend paying company with a current yield of 6.23% that is well covered by earnings.

Key information

6.2%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield9.0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareر.ع0.00829
Payout ratio74%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether OQGN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if OQGN's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

OQ Gas Networks SAOC Dividend Yield vs Market
How does OQGN dividend yield compare to the market?
SegmentDividend Yield
Company (OQGN)6.2%
Market Bottom 25% (OM)4.0%
Market Top 25% (OM)8.0%
Industry Average (Oil and Gas)6.5%
Analyst forecast (OQGN) (up to 3 years)9.0%

Notable Dividend: OQGN's dividend (6.23%) is higher than the bottom 25% of dividend payers in the OM market (3.98%).

High Dividend: OQGN's dividend (6.23%) is low compared to the top 25% of dividend payers in the OM market (8.03%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (73.6%), OQGN's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (89%), OQGN's dividend payments are covered by cash flows.


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