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East African Cables (NAI:CABL) Forward Dividend Yield % : 0.00% (As of Jun. 20, 2024)


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What is East African Cables Forward Dividend Yield %?

As of today (2024-06-20), the Forward Annual Dividend Yield of East African Cables is 0.00%.

As of today (2024-06-20), the Trailing Annual Dividend Yield of East African Cables is 0.00%.

NAI:CABL's Forward Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 1.93
* Ranked among companies with meaningful Forward Dividend Yield % only.

East African Cables's Dividends per Share for the six months ended in Dec. 2023 was KES0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of East African Cables was -4.20% per year. The lowest was -17.80% per year. And the median was -11.00% 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 East African Cables's Forward Dividend Yield %

For the Electrical Equipment & Parts subindustry, East African Cables'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.


East African Cables's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, East African Cables's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where East African Cables's Forward Dividend Yield % falls into.



East African Cables Forward Dividend Yield % Calculation

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


East African Cables  (NAI:CABL) 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.


East African Cables Forward Dividend Yield % Related Terms

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East African Cables (NAI:CABL) Business Description

Traded in Other Exchanges
N/A
Address
Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya and Uganda and Tanzania. It generates maximum revenue from Kenya and Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables (NAI:CABL) Headlines

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