Multiverse Mining and Exploration Dividends and Buybacks
Dividend criteria checks 2/6
Multiverse Mining and Exploration is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -51.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.100 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MULTIVERSE has been paying a dividend for less than 10 years.
Growing Dividend: MULTIVERSE has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Multiverse Mining and Exploration Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MULTIVERSE) | 1.5% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.3% |
| Industry Average (Metals and Mining) | 4.1% |
| Analyst forecast (MULTIVERSE) (up to 3 years) | n/a |
Notable Dividend: MULTIVERSE's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.6%).
High Dividend: MULTIVERSE's dividend (1.53%) is low compared to the top 25% of dividend payers in the NG market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.6%), MULTIVERSE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.8%), MULTIVERSE's dividend payments are thoroughly covered by cash flows.