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 Yield | n/a |
Future Dividend Yield | 9.0% |
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 |
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Segment | Dividend 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.