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 Yield | n/a |
Future Dividend Yield | 7.1% |
Dividend Growth | 6.4% |
Next dividend pay date | 25 Nov 24 |
Ex dividend date | 01 Nov 24 |
Dividend per share | د.إ0.750 |
Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Solid Earnings May Not Tell The Whole Story For NMDC Group PJSC (ADX:NMDC)
Nov 07NMDC Group PJSC (ADX:NMDC) Could Be Riskier Than It Looks
Oct 15Investors 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 |
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Segment | Dividend 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.