QMS Medical Allied Services Dividend
Dividend criteria checks 2/6
QMS Medical Allied Services is a dividend paying company with a current yield of 0.44% that is well covered by earnings. Next payment date is on 27th October, 2024 with an ex-dividend date of 20th September, 2024.
Key information
0.4%
Dividend yield
10%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | 27 Oct 24 |
| Ex dividend date | 20 Sep 24 |
| Dividend per share | ₹0.500 |
| Earnings per share | ₹5.01 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
QMS Medical Allied Services Limited (NSE:QMSMEDI) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Sep 19
QMS Medical Allied Services (NSE:QMSMEDI) Has Affirmed Its Dividend Of ₹0.50
Sep 07QMS Medical Allied Services Limited (NSE:QMSMEDI) Shares Fly 28% But Investors Aren't Buying For Growth
Jun 27We Think QMS Medical Allied Services (NSE:QMSMEDI) Can Stay On Top Of Its Debt
Jun 12There's No Escaping QMS Medical Allied Services Limited's (NSE:QMSMEDI) Muted Earnings
Apr 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether QMSMEDI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if QMSMEDI's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| QMS Medical Allied Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QMSMEDI) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast (QMSMEDI) (up to 3 years) | n/a |
Notable Dividend: QMSMEDI's dividend (0.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: QMSMEDI's dividend (0.44%) is low compared to the top 25% of dividend payers in the Indian market (1.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), QMSMEDI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: QMSMEDI is paying a dividend but the company has no free cash flows.