OQ Gas Networks SAOC Dividend
Dividend criteria checks 2/6
OQ Gas Networks SAOC is a dividend paying company with a current yield of 7.06% that is well covered by earnings.
Key information
7.1%
Dividend yield
76%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ع0.0102 |
| Earnings per share | ر.ع0.012 |
| Dividend yield forecast | 8.9% |
Recent dividend 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) | 7.1% |
| Market Bottom 25% (OM) | 3.9% |
| Market Top 25% (OM) | 7.2% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (OQGN) (up to 3 years) | 8.9% |
Notable Dividend: OQGN's dividend (7.06%) is higher than the bottom 25% of dividend payers in the OM market (3.88%).
High Dividend: OQGN's dividend (7.06%) is low compared to the top 25% of dividend payers in the OM market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.4%), OQGN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (335.4%), OQGN's dividend payments are not well covered by cash flows.