Muscat Thread Mills SAOG Dividends and Buybacks
Dividend criteria checks 2/6
Muscat Thread Mills SAOG is a dividend paying company with a current yield of 3.6% that is well covered by earnings.
Key information
3.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ع0.0049 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTMI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MTMI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Muscat Thread Mills SAOG Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTMI) | 3.6% |
| Market Bottom 25% (OM) | 4.0% |
| Market Top 25% (OM) | 8.0% |
| Industry Average (Luxury) | 2.5% |
| Analyst forecast (MTMI) (up to 3 years) | n/a |
Notable Dividend: MTMI's dividend (3.6%) isn’t notable compared to the bottom 25% of dividend payers in the OM market (3.98%).
High Dividend: MTMI's dividend (3.6%) is low compared to the top 25% of dividend payers in the OM market (8.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), MTMI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45%), MTMI's dividend payments are well covered by cash flows.