National Company for Glass Industries Dividends and Buybacks
Dividend criteria checks 2/6
National Company for Glass Industries is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س1.200 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Does National Company for Glass Industries (TADAWUL:2150) Deserve A Spot On Your Watchlist?
Jul 31
National Company for Glass Industries' (TADAWUL:2150) Earnings Are Of Questionable Quality
May 04Is National Company for Glass Industries' (TADAWUL:2150) 135% Share Price Increase Well Justified?
Feb 18
How Does The National Company for Glass Industries (TADAWUL:2150) Fare As A Dividend Stock?
Dec 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2150's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2150's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| National Company for Glass Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2150) | 2.1% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Packaging) | 1.9% |
| Analyst forecast (2150) (up to 3 years) | n/a |
Notable Dividend: 2150's dividend (2.11%) is higher than the bottom 25% of dividend payers in the SA market (1.84%).
High Dividend: 2150's dividend (2.11%) is low compared to the top 25% of dividend payers in the SA market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), 2150's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (217.3%), 2150's dividend payments are not well covered by cash flows.