Middle Egypt Flour Mills Dividends and Buybacks
Dividend criteria checks 4/6
Middle Egypt Flour Mills is a dividend paying company with a current yield of 9.5% that is well covered by earnings.
Key information
9.5%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | n/a |
Dividend Growth | -4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ج.م4.500 |
Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CEFM has been paying a dividend for less than 10 years.
Growing Dividend: CEFM has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
Middle Egypt Flour Mills Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CEFM) | 9.5% |
Market Bottom 25% (EG) | 2.0% |
Market Top 25% (EG) | 7.4% |
Industry Average (Food) | 3.3% |
Analyst forecast (CEFM) (up to 3 years) | n/a |
Notable Dividend: CEFM's dividend (9.5%) is higher than the bottom 25% of dividend payers in the EG market (2.08%).
High Dividend: CEFM's dividend (9.5%) is in the top 25% of dividend payers in the EG market (7.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.5%), CEFM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.7%), CEFM's dividend payments are covered by cash flows.