Golden Wheat Mills P.L.C Dividend
Dividend criteria checks 2/6
Golden Wheat Mills P.L.C is a dividend paying company with a current yield of 7.41%.
Key information
7.4%
Dividend yield
224%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | د.أ0.027 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GMC has been paying a dividend for less than 10 years.
Growing Dividend: GMC has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
Golden Wheat Mills P.L.C Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GMC) | 7.4% |
Market Bottom 25% (PS) | 3.2% |
Market Top 25% (PS) | 6.3% |
Industry Average (Food) | 2.5% |
Analyst forecast in 3 Years (GMC) | n/a |
Notable Dividend: GMC's dividend (7.41%) is higher than the bottom 25% of dividend payers in the PS market (3.18%).
High Dividend: GMC's dividend (7.41%) is in the top 25% of dividend payers in the PS market (6.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (223.6%), GMC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GMC is paying a dividend but the company has no free cash flows.