Borouge Dividend
Dividend criteria checks 2/6
Borouge is a dividend paying company with a current yield of 6.7%.
Key information
6.7%
Dividend yield
122%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.إ0.035 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
We Think Borouge (ADX:BOROUGE) Might Have The DNA Of A Multi-Bagger
Nov 13Estimating The Intrinsic Value Of Borouge plc (ADX:BOROUGE)
Jul 09A Look At The Fair Value Of Borouge plc (ADX:BOROUGE)
Apr 05A Look At The Intrinsic Value Of Borouge plc (ADX:BOROUGE)
Dec 18Borouge plc's (ADX:BOROUGE) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BOROUGE has been paying a dividend for less than 10 years.
Growing Dividend: BOROUGE's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Borouge Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (BOROUGE) | 6.7% |
Market Bottom 25% (AE) | 3.2% |
Market Top 25% (AE) | 7.2% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (BOROUGE) | 6.7% |
Notable Dividend: BOROUGE's dividend (6.7%) is higher than the bottom 25% of dividend payers in the AE market (3.18%).
High Dividend: BOROUGE's dividend (6.7%) is low compared to the top 25% of dividend payers in the AE market (7.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (121.8%), BOROUGE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.5%), BOROUGE's dividend payments are covered by cash flows.