Best Lease Dividends and Buybacks
Dividend criteria checks 2/6
Best Lease is a dividend paying company with a current yield of 6.09% that is well covered by earnings.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.1% |
| Dividend Growth | 5.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.ت0.140 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BL has been paying a dividend for less than 10 years.
Growing Dividend: BL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Best Lease Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BL) | 6.1% |
| Market Bottom 25% (TN) | 4.2% |
| Market Top 25% (TN) | 7.7% |
| Industry Average (Diversified Financial) | 8.0% |
| Analyst forecast (BL) (up to 3 years) | 6.1% |
Notable Dividend: BL's dividend (6.09%) is higher than the bottom 25% of dividend payers in the TN market (4.22%).
High Dividend: BL's dividend (6.09%) is low compared to the top 25% of dividend payers in the TN market (7.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), BL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (252.1%), BL's dividend payments are not well covered by cash flows.