Noor Capital Markets for Diversified Investments Dividend
Dividend criteria checks 2/6
Noor Capital Markets for Diversified Investments is a dividend paying company with a current yield of 6.71% that is well covered by earnings.
Key information
6.7%
Dividend yield
79%
Payout ratio
| Industry average yield | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | د.أ0.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NCMD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NCMD has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Noor Capital Markets for Diversified Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NCMD) | 6.7% |
| Market Bottom 25% (JO) | 4.5% |
| Market Top 25% (JO) | 7.6% |
| Industry Average (Real Estate) | 7.2% |
| Analyst forecast in 3 Years (NCMD) | n/a |
Notable Dividend: NCMD's dividend (6.71%) is higher than the bottom 25% of dividend payers in the JO market (4.55%).
High Dividend: NCMD's dividend (6.71%) is low compared to the top 25% of dividend payers in the JO market (7.58%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.4%), NCMD's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NCMD is paying a dividend but the company has no free cash flows.