Indies Pharma Jamaica Limited

JMSE:INDIES Stock Report

Market Cap: JA$3.6b

Indies Pharma Jamaica Dividend

Dividend criteria checks 3/6

Indies Pharma Jamaica is a dividend paying company with a current yield of 4.09% that is well covered by earnings.

Key information

4.1%

Dividend yield

56%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareJA$0.110
Earnings per shareJA$0.19
Dividend yield forecastn/a

Recent dividend 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
How does INDIES dividend yield compare to the market?
SegmentDividend Yield
Company (INDIES)4.1%
Market Bottom 25% (JM)1.9%
Market Top 25% (JM)3.4%
Industry Average (Healthcare)1.9%
Analyst forecast (INDIES) (up to 3 years)n/a

Notable Dividend: INDIES's dividend (4.09%) is higher than the bottom 25% of dividend payers in the JM market (1.86%).

High Dividend: INDIES's dividend (4.09%) is in the top 25% of dividend payers in the JM market (3.36%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.5%), INDIES's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (113.7%), INDIES's dividend payments are not well covered by cash flows.


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