Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) Dividend Yield % : 4.58% (As of Jun. 08, 2024)

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What is Gulf Cable & Electrical Industries Co KSC Dividend Yield %?

As of today (2024-06-08), the Trailing Annual Dividend Yield of Gulf Cable & Electrical Industries Co KSC is 4.58%.

Good Sign:

Gulf Cable & Electrical Industries Co KSC stock dividend yield is close to 2-year high.

The historical rank and industry rank for Gulf Cable & Electrical Industries Co KSC's Dividend Yield % or its related term are showing as below:

KUW:CABLE' s Dividend Yield % Range Over the Past 10 Years
Min: 2.45 Med: 4.94 Max: 12.06
Current: 4.58

During the past 13 years, the highest Dividend Yield of Gulf Cable & Electrical Industries Co KSC was 12.06%. The lowest was 2.45%. And the median was 4.94%.

KUW:CABLE's Dividend Yield % is ranked better than
89.17% of 1893 companies
in the Industrial Products industry
Industry Median: 1.82 vs KUW:CABLE: 4.58

Gulf Cable & Electrical Industries Co KSC's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Gulf Cable & Electrical Industries Co KSC was 1.67. The lowest was 0.47. And the median was 0.74.

As of today (2024-06-08), the Forward Dividend Yield % of Gulf Cable & Electrical Industries Co KSC is 4.58%.

Gulf Cable & Electrical Industries Co KSC's Dividends per Share for the three months ended in Mar. 2024 was KWD0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gulf Cable & Electrical Industries Co KSC was 30.50% per year. The lowest was -35.10% per year. And the median was 11.10% per year.

The growth rate is calculated with least square regression.

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

Gulf Cable & Electrical Industries Co KSC Dividend Yield % Historical Data

The historical data trend for Gulf Cable & Electrical Industries Co KSC's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Gulf Cable & Electrical Industries Co KSC Dividend Yield % Chart

Gulf Cable & Electrical Industries Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

5.53

5.30

5.74

4.94

4.58

Gulf Cable & Electrical Industries Co KSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Yield %	Get a 7-Day Free Trial															5.48	5.24	5.11	4.58	4.48

Competitive Comparison of Gulf Cable & Electrical Industries Co KSC's Dividend Yield %

For the Electrical Equipment & Parts subindustry, Gulf Cable & Electrical Industries Co KSC's Dividend Yield %, along with its competitors' market caps and 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.

Gulf Cable & Electrical Industries Co KSC's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gulf Cable & Electrical Industries Co KSC's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Gulf Cable & Electrical Industries Co KSC's Dividend Yield % falls into.

Gulf Cable & Electrical Industries Co KSC Dividend Yield % Calculation

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

Gulf Cable & Electrical Industries Co KSC Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
KWD 0.065000	2024-05-09	2024-05-13	2024-05-20	Cash Dividend	annually	KWD: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.

Gulf Cable & Electrical Industries Co KSC's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.065	/	1.42
	=	4.58 %

Current Share Price is KWD1.42.
Gulf Cable & Electrical Industries Co KSC's Dividends per Share for the trailing twelve months (TTM) ended in Today is KWD0.065.

Gulf Cable & Electrical Industries Co KSC's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.065	/	1.42
	=	4.58 %

Current Share Price is KWD1.42.
Gulf Cable & Electrical Industries Co KSC's Dividends per Share for the forward twelve months is calculated as KWD0.065 * 1 = KWD0.065.

Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) 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.

Gulf Cable & Electrical Industries Co KSC Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Gulf Cable & Electrical Industries Co KSC's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalaf Al-Ahmar Street, P.O. Box 1196, Sulaibiya Area No. 1, Sulaibiya Industrial Area, Opposite to KPTC Warehouse, Kuwait, KWT, 13012

Website

https://www.gulfcable.com

Gulf Cable & Electrical Industries Co KSC is a manufacturer and supplier of electrical and telephone cables, electrical transformers, switches and distribution panels, and aluminum chips. The group has three operating segments: Cable manufacture; Investment and Rendering services. The Cable manufacture segment contributes the maximum revenue. Its product range includes medium and low voltage power cables, control cables, bare conductors, telephone, communication and instrumentation cables.

Gulf Cable & Electrical Industries Co KSC (KUW:CABLE) Headlines

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