Atlas Elevators General Trading & Contracting Dividends and Buybacks
Dividend criteria checks 3/6
Atlas Elevators General Trading & Contracting is a dividend paying company with a current yield of 5.08% that is well covered by earnings.
Key information
5.1%
Dividend yield
-20.7%
Buyback Yield
| Total Shareholder Yield | -15.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س1.000 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9578's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9578's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Atlas Elevators General Trading & Contracting Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9578) | 5.1% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.8% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast (9578) (up to 3 years) | n/a |
Notable Dividend: 9578's dividend (5.08%) is higher than the bottom 25% of dividend payers in the SA market (1.83%).
High Dividend: 9578's dividend (5.08%) is in the top 25% of dividend payers in the SA market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.9%), 9578's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (7434.2%), 9578's dividend payments are not well covered by cash flows.