Natural Gas Distribution Dividend
Dividend criteria checks 1/6
Natural Gas Distribution is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
61%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ر.س0.83 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Natural Gas Distribution (TADAWUL:9516) Has More To Do To Multiply In Value Going Forward
Apr 09
Slowing Rates Of Return At Natural Gas Distribution (TADAWUL:9516) Leave Little Room For Excitement
Oct 25Revenues Not Telling The Story For Natural Gas Distribution Company (TADAWUL:9516)
Jul 09Returns On Capital Signal Difficult Times Ahead For Natural Gas Distribution (TADAWUL:9516)
Feb 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9516 has been paying a dividend for less than 10 years.
Growing Dividend: 9516 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Natural Gas Distribution Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9516) | 1.1% |
| Market Bottom 25% (SA) | 1.6% |
| Market Top 25% (SA) | 4.8% |
| Industry Average (Gas Utilities) | 3.5% |
| Analyst forecast in 3 Years (9516) | n/a |
Notable Dividend: 9516's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.56%).
High Dividend: 9516's dividend (1.09%) is low compared to the top 25% of dividend payers in the SA market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.7%), 9516's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 9516's cash payout ratio to determine if its dividend payments are covered by cash flows.