77.14 F
London
July 18, 2024
PI Global Investments
Real Estate

Just Three Days Till Enma Al Rawabi Investment & Real Estate Development Company (TADAWUL:9521) Will Be Trading Ex-Dividend


Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Enma Al Rawabi Investment & Real Estate Development Company (TADAWUL:9521) is about to trade ex-dividend in the next 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company’s books to be eligible for a dividend payment. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. This means that investors who purchase Enma Al Rawabi Investment & Real Estate Development’s shares on or after the 18th of March will not receive the dividend, which will be paid on the 28th of March.

The company’s next dividend payment will be ر.س0.25 per share. Last year, in total, the company distributed ر.س0.50 to shareholders. Calculating the last year’s worth of payments shows that Enma Al Rawabi Investment & Real Estate Development has a trailing yield of 2.5% on the current share price of ر.س20.38. If you buy this business for its dividend, you should have an idea of whether Enma Al Rawabi Investment & Real Estate Development’s dividend is reliable and sustainable. So we need to investigate whether Enma Al Rawabi Investment & Real Estate Development can afford its dividend, and if the dividend could grow.

See our latest analysis for Enma Al Rawabi Investment & Real Estate Development

Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Fortunately Enma Al Rawabi Investment & Real Estate Development’s payout ratio is modest, at just 31% of profit.

Click here to see how much of its profit Enma Al Rawabi Investment & Real Estate Development paid out over the last 12 months.

SASE:9521 Historic Dividend March 14th 2024

Have Earnings And Dividends Been Growing?

When earnings decline, dividend companies become much harder to analyse and own safely. If earnings fall far enough, the company could be forced to cut its dividend. Enma Al Rawabi Investment & Real Estate Development’s earnings per share have plummeted approximately 63% a year over the previous five years.

The main way most investors will assess a company’s dividend prospects is by checking the historical rate of dividend growth. Enma Al Rawabi Investment & Real Estate Development’s dividend payments are effectively flat on where they were two years ago. When earnings are declining yet the dividends are flat, typically the company is either paying out a higher portion of its earnings, or paying out of cash or debt on the balance sheet, neither of which is ideal.

Final Takeaway

Is Enma Al Rawabi Investment & Real Estate Development worth buying for its dividend? Enma Al Rawabi Investment & Real Estate Development’s earnings per share are down over the past five years, although it has the cushion of a low payout ratio, which would suggest a cut to the dividend is relatively unlikely. We think this is a pretty attractive combination, and would be interested in investigating Enma Al Rawabi Investment & Real Estate Development more closely.

In light of that, while Enma Al Rawabi Investment & Real Estate Development has an appealing dividend, it’s worth knowing the risks involved with this stock. In terms of investment risks, we’ve identified 2 warning signs with Enma Al Rawabi Investment & Real Estate Development and understanding them should be part of your investment process.

If you’re in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.

Valuation is complex, but we’re helping make it simple.

Find out whether Enma Al Rawabi Investment & Real Estate Development is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



Source link

Related posts

7 Types of Houses You Should Never Buy, According to a Real Estate Pro

D.William

I’m a Real Estate Broker: 7 Basement Renovations You’ll Regret

D.William

Godrej camps can’t compete for 6 years, except in real estate business

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.