Universal Modern Industries For Edible Oil Dividend
Dividend criteria checks 1/6
Universal Modern Industries For Edible Oil is a dividend paying company with a current yield of 6.19%.
Key information
6.2%
Dividend yield
171%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.07 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UMIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: UMIC has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
Universal Modern Industries For Edible Oil Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (UMIC) | 6.2% |
Market Bottom 25% (JO) | 4.5% |
Market Top 25% (JO) | 7.5% |
Industry Average (Food) | 2.4% |
Analyst forecast in 3 Years (UMIC) | n/a |
Notable Dividend: UMIC's dividend (6.19%) is higher than the bottom 25% of dividend payers in the JO market (4.45%).
High Dividend: UMIC's dividend (6.19%) is low compared to the top 25% of dividend payers in the JO market (7.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (170.7%), UMIC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (296.3%), UMIC's dividend payments are not well covered by cash flows.