Société de Placement & de Développement Industriel & Touristique Société anonyme Dividend
Dividend criteria checks 3/6
Société de Placement & de Développement Industriel & Touristique Société anonyme is a dividend paying company with a current yield of 8.21% that is well covered by earnings.
Key information
8.2%
Dividend yield
89%
Payout ratio
Industry average yield | 6.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ت0.96 |
Dividend yield forecast in 3Y | 9.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SPDIT has been paying a dividend for less than 10 years.
Growing Dividend: SPDIT's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Société de Placement & de Développement Industriel & Touristique Société anonyme Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SPDIT) | 8.2% |
Market Bottom 25% (TN) | 4.6% |
Market Top 25% (TN) | 8.2% |
Industry Average (Capital Markets) | 6.9% |
Analyst forecast in 3 Years (SPDIT) | 9.7% |
Notable Dividend: SPDIT's dividend (8.21%) is higher than the bottom 25% of dividend payers in the TN market (4.58%).
High Dividend: SPDIT's dividend (8.21%) is in the top 25% of dividend payers in the TN market (8.21%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.8%), SPDIT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (683.6%), SPDIT's dividend payments are not well covered by cash flows.