Foods Gate Trading Dividends and Buybacks
Dividend criteria checks 2/6
Foods Gate Trading is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| 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 | 26% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9562's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9562's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Foods Gate Trading Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9562) | 1.7% |
| Market Bottom 25% (SA) | 1.9% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Hospitality) | 2.1% |
| Analyst forecast (9562) (up to 3 years) | n/a |
Notable Dividend: 9562's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.89%).
High Dividend: 9562's dividend (1.67%) is low compared to the top 25% of dividend payers in the SA market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.7%), 9562's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.4%), 9562's dividend payments are well covered by cash flows.