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Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Forward Dividend Yield % : 8.12% (As of May. 08, 2024)


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What is Emirates Central Cooling Systems PJSC Forward Dividend Yield %?

As of today (2024-05-08), the Forward Annual Dividend Yield of Emirates Central Cooling Systems PJSC is 8.12%.

As of today (2024-05-08), the Trailing Annual Dividend Yield of Emirates Central Cooling Systems PJSC is 5.41%.

DFM:EMPOWER's Forward Dividend Yield % is ranked better than
81.2% of 234 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.55 vs DFM:EMPOWER: 8.12

Emirates Central Cooling Systems PJSC's Dividends per Share for the three months ended in Mar. 2024 was د.إ0.04.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Emirates Central Cooling Systems PJSC's Forward Dividend Yield %

For the Utilities - Independent Power Producers subindustry, Emirates Central Cooling Systems PJSC'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.


Emirates Central Cooling Systems PJSC's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Emirates Central Cooling Systems PJSC's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Emirates Central Cooling Systems PJSC's Forward Dividend Yield % falls into.



Emirates Central Cooling Systems PJSC Forward Dividend Yield % Calculation

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

Emirates Central Cooling Systems PJSC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AED 0.0425002024-04-052024-04-152024-04-24Cash Dividendsemi-annuallyAED:AED 1.000000
AED 0.0425002023-09-272023-10-022023-10-17Cash Dividendsemi-annuallyAED:AED 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.

Emirates Central Cooling Systems PJSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.085/1.57
=5.41 %

Current Share Price is د.إ1.57.
Emirates Central Cooling Systems PJSC's Dividends per Share for the forward twelve months is calculated as د.إ0.0425 * 2 = د.إ0.085.

Emirates Central Cooling Systems PJSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.085/1.57
=5.41 %

Current Share Price is د.إ1.57.
Emirates Central Cooling Systems PJSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is د.إ0.085.

* 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.


Emirates Central Cooling Systems PJSC  (DFM:EMPOWER) 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.


Emirates Central Cooling Systems PJSC Forward Dividend Yield % Related Terms

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Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Business Description

Traded in Other Exchanges
N/A
Address
Jumeirah Beach Road, 2nd December Street, P O Box 8081, Al Hudaiba Awards Building, Block A, 8th Floor, Opposite Etihad Museum, Dubai, ARE
Emirates Central Cooling Systems Corp PJSC engages in offering district cooling services (DCS). It engages in the centralized production and distribution of cooling energy. The firm provides its services to a portfolio of projects such as Deira Waterfront, Blue Waters, Jumeirah Group, Jumeirah Beach Residence, Dubai International Financial Centre, Business Bay, Dubai Healthcare City, Jumeirah Lake Towers, Palm Jumeirah, Discovery Gardens, Ibn Battuta Mall, Dubai Design District, Dubai Production City and many more.

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