Iron & Steel for Mines & Quarries Dividends and Buybacks
Dividend criteria checks 2/6
Iron & Steel for Mines & Quarries is a dividend paying company with a current yield of 2.28% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 18th November, 2024.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | ج.م0.100 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ISMQ's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ISMQ's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Iron & Steel for Mines & Quarries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ISMQ) | 2.3% |
| Market Bottom 25% (EG) | 1.9% |
| Market Top 25% (EG) | 7.2% |
| Industry Average (Metals and Mining) | 4.2% |
| Analyst forecast (ISMQ) (up to 3 years) | n/a |
Notable Dividend: ISMQ's dividend (2.28%) is higher than the bottom 25% of dividend payers in the EG market (1.93%).
High Dividend: ISMQ's dividend (2.28%) is low compared to the top 25% of dividend payers in the EG market (7.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.9%), ISMQ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (175113.8%), ISMQ's dividend payments are not well covered by cash flows.