Universal Modern Industries For Edible Oil Dividends and Buybacks
Dividend criteria checks 2/6
Universal Modern Industries For Edible Oil is a dividend paying company with a current yield of 6.42%.
Key information
6.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.أ0.120 |
| Payout ratio | 283% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UMIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: UMIC's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Universal Modern Industries For Edible Oil Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UMIC) | 6.4% |
| Market Bottom 25% (JO) | 4.5% |
| Market Top 25% (JO) | 7.7% |
| Industry Average (Food) | 2.6% |
| Analyst forecast (UMIC) (up to 3 years) | n/a |
Notable Dividend: UMIC's dividend (6.42%) is higher than the bottom 25% of dividend payers in the JO market (4.55%).
High Dividend: UMIC's dividend (6.42%) is low compared to the top 25% of dividend payers in the JO market (7.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (282.6%), UMIC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50%), UMIC's dividend payments are covered by cash flows.