Al Obeikan Glass Dividend
Dividend criteria checks 2/6
Al Obeikan Glass is a dividend paying company with a current yield of 4.04%.
Key information
4.0%
Dividend yield
n/a
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ر.س2.97 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9531 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9531's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Al Obeikan Glass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9531) | 4.0% |
| Market Bottom 25% (SA) | 1.6% |
| Market Top 25% (SA) | 4.6% |
| Industry Average (Building) | 3.2% |
| Analyst forecast in 3 Years (9531) | n/a |
Notable Dividend: 9531's dividend (4.04%) is higher than the bottom 25% of dividend payers in the SA market (1.56%).
High Dividend: 9531's dividend (4.04%) is low compared to the top 25% of dividend payers in the SA market (4.63%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 9531's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.8%), 9531's dividend payments are covered by cash flows.