Dana Gas PJSC Dividend yield




   AED/share 
 Price  1.18
 Dividend  0.04
 Earnings  0.17
 Cash-flow  0.16
 Book value  1.18
 Equity  1.20

Dana Gas PJSC is part of Gas Water and Multiutilities business, which is part of Utilities industry. Dana Gas PJSC is a company from U. Arab Emirates, and his stocks are publicly traded.

Dana Gas PJSC paid a total dividend of 278 million AED last year, for a market value of 8,210 millions (Market Cap 4,023 millions). Dividend per share of Dana Gas PJSC is 0.04 AED, and his stock market price 1.18 AED.

According to the chart below, where dividend yield is displayed, Dana Gas PJSC has a dividend yield of 2.97%, which is similar to the amount offered by both the market average and companies from U. Arab Emirates. However, it is lower than the average of Utilities 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 Dana Gas PJSC dividend yield with other Gas Water and Multiutilities companies or firms from U. Arab Emirates.

Dividend yield of Dana Gas PJSC

Dana Gas PJSC Dividend Payout

About the ability of Dana Gas PJSC to maintain his current dividend of AED 0.04 per share, an amount that accounts for 2.97%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dana Gas PJSC payout on ernings is currently 23.53%, which is lower than the market average and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures lead us to believe that there is confidence that Dana Gas PJSCcan maintain his current 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 Dana Gas PJSC is AED 0.16 per share, which is higher than the dividend per share paid by the company of AED 0.04, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Dana Gas PJSC, compared againt world market average, U. Arab Emirates companies, Utilities industry and Gas Water and Multiutilities sector companies.

Dana Gas PJSC payout

Dana Gas PJSC Dividend History

Year Yield  AED  Paypout  Shares* 
Present2.97%0.0423.53%6,958
20213.30%0.03-15.00%6,958
20207.70%0.0562.50%6,995
20195.74%0.06-60.00%6,977
20185.21%0.05125.00%6,977
20170.00%0.000.00%6,969
20160.00%0.000.00%6,961
20150.00%0.000.00%6,961

*In millions

Dana Gas PJSC Stock performance

Finally, last moth Dana Gas PJSC showed a return of 11.30% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 48.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for U. Arab Emirates and Gas Water and Multiutilities firms.

Dana Gas PJSC stock and market return