Memiontec Holdings is a dividend paying company with a current yield of 2.06% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
2.1%
Dividend yield
40%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
08 Jul 24
Ex dividend date
20 Jun 24
Dividend per share
n/a
Earnings per share
€0.0049
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 8900 has been paying a dividend for less than 10 years.
Growing Dividend: 8900's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Memiontec Holdings Dividend Yield vs Market
How does 8900 dividend yield compare to the market?
Segment
Dividend Yield
Company (8900)
2.1%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Construction)
3.9%
Analyst forecast in 3 Years (8900)
n/a
Notable Dividend: 8900's dividend (2.06%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 8900's dividend (2.06%) is low compared to the top 25% of dividend payers in the German market (4.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), 8900's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 8900 is paying a dividend but the company has no free cash flows.