NMDC Group PJSC Dividend
Dividend criteria checks 1/6
NMDC Group PJSC is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
23%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.إ0.750 |
| Earnings per share | د.إ3.31 |
| Dividend yield forecast | 6.9% |
Recent dividend updates
Recent updates
NMDC Group PJSC (ADX:NMDC) Could Be Riskier Than It Looks
Oct 15
Investors Aren't Entirely Convinced By National Marine Dredging Company's (ADX:NMDC) Earnings
Jul 01There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital
Feb 09Investors 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 4 years.
Dividend Yield vs Market
| NMDC Group PJSC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NMDC) | 3.0% |
| Market Bottom 25% (AE) | 3.1% |
| Market Top 25% (AE) | 6.5% |
| Industry Average (Construction) | 2.7% |
| Analyst forecast (NMDC) (up to 3 years) | 6.9% |
Notable Dividend: NMDC's dividend (3%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.12%).
High Dividend: NMDC's dividend (3%) is low compared to the top 25% of dividend payers in the AE market (6.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.6%), NMDC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NMDC is paying a dividend but the company has no free cash flows.