City Cars Dividend
Dividend criteria checks 3/6
City Cars is a dividend paying company with a current yield of 9.29% that is well covered by earnings.
Key information
9.3%
Dividend yield
74%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.ت1.69 |
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, CITY has been paying a dividend for less than 10 years.
Growing Dividend: CITY's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
City Cars Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CITY) | 9.3% |
Market Bottom 25% (TN) | 4.6% |
Market Top 25% (TN) | 8.1% |
Industry Average (Specialty Retail) | 4.5% |
Analyst forecast in 3 Years (CITY) | 9.7% |
Notable Dividend: CITY's dividend (9.29%) is higher than the bottom 25% of dividend payers in the TN market (4.58%).
High Dividend: CITY's dividend (9.29%) is in the top 25% of dividend payers in the TN market (8.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), CITY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CITY's cash payout ratio to determine if its dividend payments are covered by cash flows.