Auto Nejma Maroc Dividend
Dividend criteria checks 4/6
Auto Nejma Maroc is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.5%
Dividend yield
63%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.م94.000 |
| Earnings per share | د.م149.01 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: NEJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Auto Nejma Maroc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEJ) | 4.5% |
| Market Bottom 25% (MA) | 2.2% |
| Market Top 25% (MA) | 4.4% |
| Industry Average (Specialty Retail) | 3.4% |
| Analyst forecast (NEJ) (up to 3 years) | n/a |
Notable Dividend: NEJ's dividend (4.55%) is higher than the bottom 25% of dividend payers in the MA market (2.27%).
High Dividend: NEJ's dividend (4.55%) is in the top 25% of dividend payers in the MA market (4.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.1%), NEJ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate NEJ's cash payout ratio to determine if its dividend payments are covered by cash flows.