Midway Holding Dividend
Dividend criteria checks 3/6
Midway Holding is a dividend paying company with a current yield of 3.33% that is well covered by earnings. Last payment was on 3rd May, 2023 with an ex-dividend date of 26th April, 2023.
Key information
3.3%
Dividend yield
31%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 03 May 23 |
Ex dividend date | 26 Apr 23 |
Dividend per share | n/a |
Earnings per share | SEK 2.60 |
Dividend yield forecast | 5.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0GO3's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0GO3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Midway Holding Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (0GO3) | 3.3% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Industrials) | 2.4% |
Analyst forecast (0GO3) (up to 3 years) | 5.6% |
Notable Dividend: 0GO3's dividend (3.33%) is higher than the bottom 25% of dividend payers in the UK market (2.26%).
High Dividend: 0GO3's dividend (3.33%) is low compared to the top 25% of dividend payers in the UK market (5.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), 0GO3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0GO3 is paying a dividend but the company has no free cash flows.