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 6.1% that is well covered by earnings.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.8% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ع0.00829 |
| Payout ratio | 74% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OQGN) | 6.1% |
| Market Bottom 25% (OM) | 4.0% |
| Market Top 25% (OM) | 7.9% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (OQGN) (up to 3 years) | 8.8% |
Notable Dividend: OQGN's dividend (6.1%) is higher than the bottom 25% of dividend payers in the OM market (3.97%).
High Dividend: OQGN's dividend (6.1%) is low compared to the top 25% of dividend payers in the OM market (7.91%).
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.