08-31-2023
QAR/share | |
Price | 10.80 |
Dividend | 0.43 |
Earnings | 1.06 |
Cash-flow | 2.20 |
Book value | 7.71 |
Equity | 7.11 |
Ooredoo QSC is part of Mobile Telecommunications business, which is part of Telecommunications industry. Ooredoo QSC is a company from Qatar, and his stocks are publicly traded.
Ooredoo QSC stock dividend
Ooredoo QSC paid a total dividend of 1,377 million QAR last year, for a market value of 34,592 millions (Market Cap 8,925 millions). Ooredoo QSC dividend per share is 0.43 QAR, and his stock market price 10.80 QAR.
According to the chart below, where dividend yield is displayed, Ooredoo QSC has a dividend yield of 3.98%, which is similar to the amount offered by both the market average and companies from Qatar. However, it is lower than the average of Telecommunications industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Ooredoo QSC stocks dividend with other Mobile Telecommunications companies or other of the best Qatar dividend stocks list.
Ooredoo QSC Dividend Payout
About the ability of Ooredoo QSC to maintain his current dividend of QAR 0.43 per share, an amount that accounts for 3.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ooredoo QSC payout on ernings is currently 40.57%, which is higher than the market average, but lower than companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures show that Ooredoo QSC should not have problems to continue paying his dividend.
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 Ooredoo QSC is QAR 2.20 per share, which is higher than the dividend per share paid by the company of QAR 0.43, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Ooredoo QSC, compared againt world market average, Qatar companies, Telecommunications industry and Mobile Telecommunications sector companies.
Ooredoo QSC Dividend History
Below you will find a table with the historical evolution of Ooredoo QSC's dividend stock, both in percentage and in QAR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | QAR | Paypout | Shares* |
Present | 3.98% | 0.43 | 40.57% | 3,203 |
2022 | 3.26% | 0.30 | 63.83% | 3,203 |
2021 | 3.56% | 0.25 | 30.49% | 3,203 |
2020 | 3.32% | 0.25 | 22.94% | 3,203 |
2019 | 3.53% | 0.25 | 22.32% | 3,203 |
2018 | 4.67% | 3.50 | 28.46% | 320 |
2017 | 3.85% | 3.50 | 26.92% | 320 |
2016 | 3.23% | 3.00 | 24.51% | 320 |
*In millions
Ooredoo QSC Stock performance
Finally, last moth Ooredoo QSC showed a return of -5.50% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a 18.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Qatar and Mobile Telecommunications firms.