Misr Chemical Industries Dividend
Dividend criteria checks 5/6
Misr Chemical Industries is a dividend paying company with a current yield of 3.95% that is well covered by earnings.
Key information
3.9%
Dividend yield
36%
Payout ratio
Industry average yield | 5.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ج.م4.17 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MICH's dividends per share have been stable in the past 10 years.
Growing Dividend: MICH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Misr Chemical Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MICH) | 3.9% |
Market Bottom 25% (EG) | 2.4% |
Market Top 25% (EG) | 7.2% |
Industry Average (Chemicals) | 5.9% |
Analyst forecast in 3 Years (MICH) | 3.9% |
Notable Dividend: MICH's dividend (3.95%) is higher than the bottom 25% of dividend payers in the EG market (2.43%).
High Dividend: MICH's dividend (3.95%) is low compared to the top 25% of dividend payers in the EG market (7.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), MICH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), MICH's dividend payments are well covered by cash flows.