Indies Pharma Jamaica Dividends and Buybacks
Dividend criteria checks 4/6
Indies Pharma Jamaica is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$0.110 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, INDIES has been paying a dividend for less than 10 years.
Growing Dividend: INDIES's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Indies Pharma Jamaica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDIES) | 3.7% |
| Market Bottom 25% (JM) | 2.0% |
| Market Top 25% (JM) | 3.4% |
| Industry Average (Healthcare) | 2.1% |
| Analyst forecast (INDIES) (up to 3 years) | n/a |
Notable Dividend: INDIES's dividend (3.73%) is higher than the bottom 25% of dividend payers in the JM market (1.97%).
High Dividend: INDIES's dividend (3.73%) is in the top 25% of dividend payers in the JM market (3.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.7%), INDIES's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.1%), INDIES's dividend payments are covered by cash flows.