Migdalor- Alternative Products Ltd

TASE:MGDA Stock Report

Market Cap: ₪67.4m

Migdalor- Alternative Products Dividend

Dividend criteria checks 2/6

Migdalor- Alternative Products is a dividend paying company with a current yield of 11.43%.

Key information

11.4%

Dividend yield

n/a

Payout ratio

Industry average yield5.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-₪0.048
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether MGDA's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if MGDA's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Migdalor- Alternative Products Dividend Yield vs Market
How does MGDA dividend yield compare to the market?
SegmentDividend Yield
Company (MGDA)11.4%
Market Bottom 25% (IL)2.4%
Market Top 25% (IL)6.8%
Industry Average (Capital Markets)5.8%
Analyst forecast in 3 Years (MGDA)n/a

Notable Dividend: MGDA's dividend (11.43%) is higher than the bottom 25% of dividend payers in the IL market (2.59%).

High Dividend: MGDA's dividend (11.43%) is in the top 25% of dividend payers in the IL market (7.24%)


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate MGDA's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: MGDA is paying a dividend but the company has no free cash flows.


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