Alujain Dividend
Dividend criteria checks 2/6
Alujain is a dividend paying company with a current yield of 4.04%.
Key information
4.0%
Dividend yield
-112%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -ر.س1.19 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Alujain Corporation's (TADAWUL:2170) Subdued P/S Might Signal An Opportunity
Oct 24
Alujain (TADAWUL:2170) Might Have The Makings Of A Multi-Bagger
May 23Alujain (TADAWUL:2170) Might Have The Makings Of A Multi-Bagger
Oct 31Here's Why We Don't Think Alujain Holding's (TADAWUL:2170) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2170 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2170's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Alujain Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2170) | 4.0% |
| Market Bottom 25% (SA) | 1.6% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Chemicals) | 4.3% |
| Analyst forecast in 3 Years (2170) | 3.9% |
Notable Dividend: 2170's dividend (4.04%) is higher than the bottom 25% of dividend payers in the SA market (1.56%).
High Dividend: 2170's dividend (4.04%) is low compared to the top 25% of dividend payers in the SA market (4.59%).
Earnings Payout to Shareholders
Earnings Coverage: 2170 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.3%), 2170's dividend payments are covered by cash flows.