Itissalat Al-Maghrib (IAM) Dividend
Dividend criteria checks 4/6
Itissalat Al-Maghrib (IAM) is a dividend paying company with a current yield of 4.29% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
4.3%
Dividend yield
70%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.م6.01 |
| Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: IAM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Itissalat Al-Maghrib (IAM) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IAM) | 4.3% |
| Market Bottom 25% (MA) | 2.5% |
| Market Top 25% (MA) | 4.3% |
| Industry Average (Telecom) | 6.0% |
| Analyst forecast in 3 Years (IAM) | 5.3% |
Notable Dividend: IAM's dividend (4.29%) is higher than the bottom 25% of dividend payers in the MA market (2.48%).
High Dividend: IAM's dividend (4.29%) is in the top 25% of dividend payers in the MA market (4.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.9%), IAM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), IAM's dividend payments are covered by cash flows.