08-31-2023
| AED/share | |
| Price | 2.55 |
| Dividend | 0.12 |
| Earnings | 0.16 |
| Cash-flow | 0.25 |
| Book value | 1.82 |
| Equity | 1.86 |
Dubai Elec. And Water is part of Electricity business, which is part of Utilities industry. Dubai Elec. And Water is a company from U. Arab Emirates, and his stocks are publicly traded.
Dubai Elec. And Water stock dividend
Dubai Elec. And Water paid a total dividend of 6,000 million AED last year, for a market value of 127,500 millions (Market Cap 22,029 millions). Dubai Elec. And Water dividend per share is 0.12 AED, and his stock market price 2.55 AED.
According to the chart below, where dividend yield is displayed, Dubai Elec. And Water has a dividend yield of 4.86%, which is higher than the amount offered by both the market average and companies from U. Arab Emirates. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Dubai Elec. And Water stocks dividend with other Electricity companies or other of the high U. Arab Emirates dividend stocks list.
Dubai Elec. And Water Dividend Payout
About the ability of Dubai Elec. And Water to maintain his current dividend of AED 0.12 per share, an amount that accounts for 4.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dubai Elec. And Water payout on ernings is currently 75.00%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Dubai Elec. And Water can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Dubai Elec. And Water is AED 0.25 per share, which is higher than the dividend per share paid by the company of AED 0.12, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Dubai Elec. And Water, compared againt world market average, U. Arab Emirates companies, Utilities industry and Electricity sector companies.
Dubai Elec. And Water Dividend History
Below you will find a table with the historical evolution of Dubai Elec. And Water's dividend stock, both in percentage and in AED, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | AED | Paypout | Shares* |
| Present | 4.86% | 0.12 | 75.00% | 50,000 |
| 2022 | 2.67% | 0.06 | 50.00% | 50,000 |
*In millions
Dubai Elec. And Water Stock performance
Finally, last moth Dubai Elec. And Water showed a return of -4.90% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 2.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for U. Arab Emirates and Electricity firms.
