Michman Finance Dividends and Buybacks
Dividend criteria checks 1/6
Michman Finance is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪4.066 |
| Payout ratio | 14% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MCMN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MCMN's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Michman Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCMN) | 2.0% |
| Market Bottom 25% (IL) | 2.2% |
| Market Top 25% (IL) | 6.3% |
| Industry Average (Diversified Financial) | 3.1% |
| Analyst forecast (MCMN) (up to 3 years) | n/a |
Notable Dividend: MCMN's dividend (2.03%) isn’t notable compared to the bottom 25% of dividend payers in the IL market (2.24%).
High Dividend: MCMN's dividend (2.03%) is low compared to the top 25% of dividend payers in the IL market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.7%), MCMN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102.8%), MCMN's dividend payments are not well covered by cash flows.