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 yield6.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareر.ع0.0102
Earnings per shareر.ع0.012
Dividend yield forecast8.9%

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
How does OQGN dividend yield compare to the market?
SegmentDividend 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.


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