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Al Eid Food Co (KUW:ALEID) Forward Dividend Yield % : 4.22% (As of Sep. 25, 2024)


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What is Al Eid Food Co Forward Dividend Yield %?

As of today (2024-09-25), the Forward Annual Dividend Yield of Al Eid Food Co is 4.22%.

As of today (2024-09-25), the Trailing Annual Dividend Yield of Al Eid Food Co is 4.22%.

KUW:ALEID's Forward Dividend Yield % is ranked better than
72.2% of 205 companies
in the Retail - Defensive industry
Industry Median: 2.95 vs KUW:ALEID: 4.22

Al Eid Food Co's Dividends per Share for the three months ended in Jun. 2024 was KWD0.01.

During the past 12 months, Al Eid Food Co's average Dividends Per Share Growth Rate was 100.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Al Eid Food Co's Forward Dividend Yield %

For the Food Distribution subindustry, Al Eid Food Co's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Al Eid Food Co's Forward Dividend Yield % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Al Eid Food Co's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Al Eid Food Co's Forward Dividend Yield % falls into.



Al Eid Food Co Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Al Eid Food Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KWD 0.0100002024-07-032024-07-082024-07-10Cash DividendannuallyKWD:KWD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Al Eid Food Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.01/0.235
=4.26 %

Current Share Price is KWD0.235.
Al Eid Food Co's Dividends per Share for the forward twelve months is calculated as KWD0.01 * 1 = KWD0.01.

Al Eid Food Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.01/0.235
=4.26 %

Current Share Price is KWD0.235.
Al Eid Food Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.01.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Al Eid Food Co  (KUW:ALEID) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Al Eid Food Co Forward Dividend Yield % Related Terms

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Al Eid Food Co Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial Area, P.O. Box 41081, Building 100, Block 2, Kuwait City, KWT, 85851
Al Eid Food Co is importing, distributes, packaging, and marketing food and consumer products. It specializes in food and beverage distribution in Kuwait. Its products include Alwaha, Seara, GoldAlex, Delicio, Rahma, and Sunlite. It also provides oils, pulses, spices, rice, seafood, nuts, and meat. Operating segments of the group are distributed over the State of Kuwait, and the Gulf co-operation council, and the majority of the revenue comes from the State of Kuwait.

Al Eid Food Co Headlines

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