Modern Dental Group is a dividend paying company with a current yield of 3.54% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
3.5%
Dividend yield
35%
Payout ratio
Industry average yield
1.8%
Next dividend pay date
28 Jun 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
€0.43
Dividend yield forecast in 3Y
4.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1MD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1MD's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Modern Dental Group Dividend Yield vs Market
How does 1MD dividend yield compare to the market?
Segment
Dividend Yield
Company (1MD)
3.5%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Medical Equipment)
1.8%
Analyst forecast in 3 Years (1MD)
4.5%
Notable Dividend: 1MD's dividend (3.54%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 1MD's dividend (3.54%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 1MD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41%), 1MD's dividend payments are well covered by cash flows.