Umeme Dividend
Dividend criteria checks 4/6
Umeme is a dividend paying company with a current yield of 23.57%. Next payment date is on 19th July, 2024 with an ex-dividend date of 1st July, 2024.
Key information
23.6%
Dividend yield
1,107%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | 19 Jul 24 |
Ex dividend date | 01 Jul 24 |
Dividend per share | n/a |
Earnings per share | KSh7.06 |
Dividend yield forecast in 3Y | 26.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UMME's dividend payments have been volatile in the past 10 years.
Growing Dividend: UMME's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Umeme Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (UMME) | 23.6% |
Market Bottom 25% (KE) | 6.8% |
Market Top 25% (KE) | 11.5% |
Industry Average (Electric Utilities) | 4.2% |
Analyst forecast in 3 Years (UMME) | 26.5% |
Notable Dividend: UMME's dividend (23.57%) is higher than the bottom 25% of dividend payers in the KE market (6.8%).
High Dividend: UMME's dividend (23.57%) is in the top 25% of dividend payers in the KE market (11.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1107.2%), UMME's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), UMME's dividend payments are covered by cash flows.