Misr Chemical Industries Dividend
Dividend criteria checks 5/6
Misr Chemical Industries is a dividend paying company with a current yield of 3.55% that is well covered by earnings.
Key information
3.6%
Dividend yield
29%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ج.م1.000 |
Earnings per share | ج.م3.42 |
Dividend yield forecast in 3Y | n/a |
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) | 3.6% |
Market Bottom 25% (EG) | 2.5% |
Market Top 25% (EG) | 7.2% |
Industry Average (Chemicals) | 6.1% |
Analyst forecast in 3 Years (MICH) | n/a |
Notable Dividend: MICH's dividend (3.55%) is higher than the bottom 25% of dividend payers in the EG market (2.5%).
High Dividend: MICH's dividend (3.55%) is low compared to the top 25% of dividend payers in the EG market (7.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), MICH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.5%), MICH's dividend payments are covered by cash flows.