Naqi Water is a dividend paying company with a current yield of 2.81%. Next payment date is on 6th June, 2024 with an ex-dividend date of 19th May, 2024.
Key information
2.8%
Dividend yield
93%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
06 Jun 24
Ex dividend date
19 May 24
Dividend per share
n/a
Earnings per share
ر.س2.15
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2282's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2282's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Naqi Water Dividend Yield vs Market
How does 2282 dividend yield compare to the market?
Segment
Dividend Yield
Company (2282)
2.8%
Market Bottom 25% (SA)
1.6%
Market Top 25% (SA)
4.7%
Industry Average (Beverage)
2.6%
Analyst forecast in 3 Years (2282)
n/a
Notable Dividend: 2282's dividend (2.81%) is higher than the bottom 25% of dividend payers in the SA market (1.56%).
High Dividend: 2282's dividend (2.81%) is low compared to the top 25% of dividend payers in the SA market (4.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.8%), 2282's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.6%), 2282's dividend payments are not well covered by cash flows.