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 yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$0.110 |
| Earnings per share | JA$0.19 |
| Dividend yield forecast | n/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 |
|---|
| Segment | Dividend 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.