Medine Dividends and Buybacks
Dividend criteria checks 4/6
Medine is a dividend paying company with a current yield of 6.67% that is well covered by earnings.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | MU₨5.250 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MSE.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MSE.N0000's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Medine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MSE.N0000) | 6.7% |
| Market Bottom 25% (MU) | 3.5% |
| Market Top 25% (MU) | 5.7% |
| Industry Average (Food) | 5.0% |
| Analyst forecast (MSE.N0000) (up to 3 years) | n/a |
Notable Dividend: MSE.N0000's dividend (6.67%) is higher than the bottom 25% of dividend payers in the MU market (3.41%).
High Dividend: MSE.N0000's dividend (6.67%) is in the top 25% of dividend payers in the MU market (5.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.8%), MSE.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.3%), MSE.N0000's dividend payments are well covered by cash flows.