Sharqiyah Desalination Company SAOG Dividend
Dividend criteria checks 4/6
Sharqiyah Desalination Company SAOG is a dividend paying company with a current yield of 10.79%.
Key information
10.8%
Dividend yield
256%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.ع0.0063 |
Dividend yield forecast in 3Y | 10.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHRQ's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHRQ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sharqiyah Desalination Company SAOG Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SHRQ) | 10.8% |
Market Bottom 25% (OM) | 3.9% |
Market Top 25% (OM) | 7.1% |
Industry Average (Water Utilities) | 4.2% |
Analyst forecast in 3 Years (SHRQ) | 10.8% |
Notable Dividend: SHRQ's dividend (10.79%) is higher than the bottom 25% of dividend payers in the OM market (3.94%).
High Dividend: SHRQ's dividend (10.79%) is in the top 25% of dividend payers in the OM market (7.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (255.6%), SHRQ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.9%), SHRQ's dividend payments are well covered by cash flows.