NMDC Group PJSC Dividends and Buybacks

Dividend criteria checks 2/6

NMDC Group PJSC is a dividend paying company with a current yield of 3.09% that is well covered by earnings. Next payment date is on 25th November, 2024 with an ex-dividend date of 1st November, 2024.

Key information

3.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield7.1%
Dividend Growth6.4%
Next dividend pay date25 Nov 24
Ex dividend date01 Nov 24
Dividend per shareد.إ0.750
Payout ratio22%

Recent dividend and buyback updates

Recent updates

Solid Earnings May Not Tell The Whole Story For NMDC Group PJSC (ADX:NMDC)

Nov 07
Solid Earnings May Not Tell The Whole Story For NMDC Group PJSC (ADX:NMDC)

NMDC Group PJSC (ADX:NMDC) Could Be Riskier Than It Looks

Oct 15
NMDC Group PJSC (ADX:NMDC) Could Be Riskier Than It Looks

Investors Aren't Entirely Convinced By National Marine Dredging Company's (ADX:NMDC) Earnings

Jul 01
Investors Aren't Entirely Convinced By National Marine Dredging Company's (ADX:NMDC) Earnings

There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital

Feb 09
There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital

Investors Continue Waiting On Sidelines For National Marine Dredging Company (ADX:NMDC)

Jan 05
Investors Continue Waiting On Sidelines For National Marine Dredging Company (ADX:NMDC)

There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital

Oct 26
There's Been No Shortage Of Growth Recently For National Marine Dredging's (ADX:NMDC) Returns On Capital

National Marine Dredging Company's (ADX:NMDC) P/E Is Still On The Mark Following 25% Share Price Bounce

Feb 22
National Marine Dredging Company's (ADX:NMDC) P/E Is Still On The Mark Following 25% Share Price Bounce

National Marine Dredging's (ADX:NMDC) Earnings Are Of Questionable Quality

Jul 24
National Marine Dredging's (ADX:NMDC) Earnings Are Of Questionable Quality

Stability 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
How does NMDC dividend yield compare to the market?
SegmentDividend Yield
Company (NMDC)3.1%
Market Bottom 25% (AE)3.0%
Market Top 25% (AE)6.2%
Industry Average (Construction)2.9%
Analyst forecast (NMDC) (up to 3 years)7.1%

Notable Dividend: NMDC's dividend (3.09%) is higher than the bottom 25% of dividend payers in the AE market (3%).

High Dividend: NMDC's dividend (3.09%) is low compared to the top 25% of dividend payers in the AE market (6.19%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.2%), NMDC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (209.5%), NMDC's dividend payments are not well covered by cash flows.


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