Al Rashid Industrial Dividends and Buybacks
Dividend criteria checks 3/6
Al Rashid Industrial is a dividend paying company with a current yield of 2.23% that is well covered by earnings.
Key information
2.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س1.000 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9580's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9580's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Al Rashid Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9580) | 2.2% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Packaging) | 1.9% |
| Analyst forecast (9580) (up to 3 years) | n/a |
Notable Dividend: 9580's dividend (2.23%) is higher than the bottom 25% of dividend payers in the SA market (1.85%).
High Dividend: 9580's dividend (2.23%) 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 (26.3%), 9580's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), 9580's dividend payments are well covered by cash flows.