Mutandis Dividend
Dividend criteria checks 2/6
Mutandis is a dividend paying company with a current yield of 3.89% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 27th June, 2024.
Key information
3.9%
Dividend yield
86%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 10 Jul 24 |
| Ex dividend date | 27 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | د.م12.19 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MUT has been paying a dividend for less than 10 years.
Growing Dividend: MUT's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Mutandis Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MUT) | 3.9% |
| Market Bottom 25% (MA) | 2.4% |
| Market Top 25% (MA) | 4.3% |
| Industry Average (Food) | 3.6% |
| Analyst forecast in 3 Years (MUT) | 3.3% |
Notable Dividend: MUT's dividend (3.89%) is higher than the bottom 25% of dividend payers in the MA market (2.42%).
High Dividend: MUT's dividend (3.89%) is low compared to the top 25% of dividend payers in the MA market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.1%), MUT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (413.2%), MUT's dividend payments are not well covered by cash flows.