National Marine Dredging Dividend
Dividend criteria checks 2/6
National Marine Dredging is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.8%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.إ2.61 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital
Feb 09
Investors Continue Waiting On Sidelines For National Marine Dredging Company (ADX:NMDC)
Jan 05There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital
Oct 26National Marine Dredging Company's (ADX:NMDC) P/E Is Still On The Mark Following 25% Share Price Bounce
Feb 22National Marine Dredging's (ADX:NMDC) Earnings Are Of Questionable Quality
Jul 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NMDC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NMDC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| National Marine Dredging Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NMDC) | 2.8% |
| Market Bottom 25% (AE) | 3.3% |
| Market Top 25% (AE) | 7.1% |
| Industry Average (Construction) | 2.9% |
| Analyst forecast in 3 Years (NMDC) | 5.5% |
Notable Dividend: NMDC's dividend (2.83%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.26%).
High Dividend: NMDC's dividend (2.83%) is low compared to the top 25% of dividend payers in the AE market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.7%), NMDC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), NMDC's dividend payments are well covered by cash flows.