Medine Dividend
Dividend criteria checks 3/6
Medine is a dividend paying company with a current yield of 5.02% that is well covered by earnings.
Key information
5.0%
Dividend yield
24%
Payout ratio
Industry average yield | 4.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MU₨11.14 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (MSE.N0000) | 5.0% |
Market Bottom 25% (MU) | 3.3% |
Market Top 25% (MU) | 6.0% |
Industry Average (Food) | 4.3% |
Analyst forecast in 3 Years (MSE.N0000) | n/a |
Notable Dividend: MSE.N0000's dividend (5.02%) is higher than the bottom 25% of dividend payers in the MU market (3.33%).
High Dividend: MSE.N0000's dividend (5.02%) is low compared to the top 25% of dividend payers in the MU market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), MSE.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.4%), MSE.N0000's dividend payments are thoroughly covered by cash flows.