Phoenix Power Company SAOG Dividend
Dividend criteria checks 4/6
Phoenix Power Company SAOG is a dividend paying company with a current yield of 8.75% that is well covered by earnings.
Key information
8.8%
Dividend yield
35%
Payout ratio
Industry average yield | 7.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.ع0.015 |
Dividend yield forecast in 3Y | 8.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PHPC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PHPC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Phoenix Power Company SAOG Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PHPC) | 8.8% |
Market Bottom 25% (OM) | 3.9% |
Market Top 25% (OM) | 7.1% |
Industry Average (Renewable Energy) | 7.3% |
Analyst forecast in 3 Years (PHPC) | 8.8% |
Notable Dividend: PHPC's dividend (8.75%) is higher than the bottom 25% of dividend payers in the OM market (3.91%).
High Dividend: PHPC's dividend (8.75%) is in the top 25% of dividend payers in the OM market (7.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), PHPC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.4%), PHPC's dividend payments are well covered by cash flows.