Clean Life Dividend
Dividend criteria checks 4/6
Clean Life is a dividend paying company with a current yield of 5.51% that is well covered by earnings.
Key information
5.5%
Dividend yield
33%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س6.000 |
| Earnings per share | ر.س6.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9581's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9581's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Clean Life Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9581) | 5.5% |
| Market Bottom 25% (SA) | 1.7% |
| Market Top 25% (SA) | 4.6% |
| Industry Average (Consumer Services) | 4.1% |
| Analyst forecast in 3 Years (9581) | n/a |
Notable Dividend: 9581's dividend (5.51%) is higher than the bottom 25% of dividend payers in the SA market (1.72%).
High Dividend: 9581's dividend (5.51%) is in the top 25% of dividend payers in the SA market (4.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), 9581's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.8%), 9581's dividend payments are covered by cash flows.