Balady Poultry Dividend
Dividend criteria checks 2/6
Balady Poultry is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
32%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.س12.67 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9559's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9559's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Balady Poultry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9559) | 1.4% |
Market Bottom 25% (SA) | 1.6% |
Market Top 25% (SA) | 4.7% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (9559) | n/a |
Notable Dividend: 9559's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.63%).
High Dividend: 9559's dividend (1.38%) 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 (31.6%), 9559's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.9%), 9559's dividend payments are covered by cash flows.