Air Arabia Dividend yield

Air Arabia is part of Travel and Leisure business, which is part of Consumer Services industry. Air Arabia is a company from U. Arab Emirates, and his stocks are publicly traded.

Air Arabia stock dividend

Air Arabia paid a total dividend of 700 million AED last year, for a market value of 13,768 millions (Market Cap 6,746 millions). Air Arabia dividend per share is 0.15 AED, and his stock market price 2.95 AED.

According to the chart below, where dividend yield is displayed, Air Arabia has a dividend yield of 5.08%, 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 Consumer Services 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 Air Arabia stocks dividend with other Travel and Leisure companies or other of the high U. Arab Emirates dividend stocks list.

Air Arabia Dividend Payout

About the ability of Air Arabia to maintain his current dividend of AED 0.15 per share, an amount that accounts for 5.08%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Air Arabia payout on ernings is currently 57.69%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Air Arabia 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 Air Arabia is AED 0.49 per share, which is higher than the dividend per share paid by the company of AED 0.15, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Air Arabia, compared againt world market average, U. Arab Emirates companies, Consumer Services industry and Travel and Leisure sector companies.

Air Arabia Dividend History

Below you will find a table with the historical evolution of Air Arabia'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	5.08%	0.15	57.69%	4,667
2022	3.95%	0.08	53.33%	4,667
2021	6.21%	0.09	-225.00%	4,667
2020	7.03%	0.09	42.86%	4,667
2019	6.21%	0.10	-76.92%	4,667
2018	9.80%	0.10	71.43%	4,667
2017	5.65%	0.07	63.64%	4,667
2016	7.09%	0.09	81.82%	4,667
2015	7.44%	0.09	75.00%	4,667

*In millions

Then you can see the evolution of Air Arabia dividend stock, and compare it with the average of U. Arab Emirates stocks and that of the Travel and Leisure stocks.

Air Arabia Stock performance

Finally, last moth Air Arabia showed a return of 9.70% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 32.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for U. Arab Emirates and Travel and Leisure firms.