Muscat City Desalination Company SAOG Dividend
Dividend criteria checks 3/6
Muscat City Desalination Company SAOG is a dividend paying company with a current yield of 6.43% that is well covered by earnings.
Key information
6.4%
Dividend yield
32%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | ر.ع0.015 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCDE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MCDE has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Muscat City Desalination Company SAOG Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCDE) | 6.4% |
| Market Bottom 25% (OM) | 4.0% |
| Market Top 25% (OM) | 7.1% |
| Industry Average (Water Utilities) | 4.3% |
| Analyst forecast in 3 Years (MCDE) | n/a |
Notable Dividend: MCDE's dividend (6.43%) is higher than the bottom 25% of dividend payers in the OM market (3.95%).
High Dividend: MCDE's dividend (6.43%) is low compared to the top 25% of dividend payers in the OM market (7.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), MCDE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.8%), MCDE's dividend payments are thoroughly covered by cash flows.