McNichols Dividends and Buybacks
Dividend criteria checks 3/6
McNichols is a dividend paying company with a current yield of 1.39% that is well covered by earnings.
Key information
1.4%
Dividend yield
-12.4%
Buyback Yield
| Total Shareholder Yield | -11.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.020 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCNICHOLS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCNICHOLS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| McNichols Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCNICHOLS) | 1.4% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.3% |
| Industry Average (Food) | 1.9% |
| Analyst forecast (MCNICHOLS) (up to 3 years) | n/a |
Notable Dividend: MCNICHOLS's dividend (1.39%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.6%).
High Dividend: MCNICHOLS's dividend (1.39%) is low compared to the top 25% of dividend payers in the NG market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), MCNICHOLS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), MCNICHOLS's dividend payments are well covered by cash flows.