Mauritius Development Investment Trust Dividends and Buybacks
Dividend criteria checks 2/6
Mauritius Development Investment Trust is a dividend paying company with a current yield of 4.49% that is well covered by earnings.
Key information
4.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | MU₨0.080 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MDIT.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: MDIT.N0000's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mauritius Development Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDIT.N0000) | 4.5% |
| Market Bottom 25% (MU) | 3.6% |
| Market Top 25% (MU) | 6.0% |
| Industry Average (Capital Markets) | 5.9% |
| Analyst forecast (MDIT.N0000) (up to 3 years) | n/a |
Notable Dividend: MDIT.N0000's dividend (4.49%) is higher than the bottom 25% of dividend payers in the MU market (3.56%).
High Dividend: MDIT.N0000's dividend (4.49%) is low compared to the top 25% of dividend payers in the MU market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), MDIT.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2927.5%), MDIT.N0000's dividend payments are not well covered by cash flows.