Golden Wheat Mills P.L.C Dividends and Buybacks
Dividend criteria checks 3/6
Golden Wheat Mills P.L.C is a dividend paying company with a current yield of 7.89%.
Key information
7.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | د.أ0.060 |
| Payout ratio | 224% |
Recent dividend and buyback 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 5 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) | 7.9% |
| Market Bottom 25% (PS) | 2.8% |
| Market Top 25% (PS) | 6.1% |
| Industry Average (Food) | 2.7% |
| Analyst forecast (GMC) (up to 3 years) | n/a |
Notable Dividend: GMC's dividend (7.89%) is higher than the bottom 25% of dividend payers in the PS market (2.77%).
High Dividend: GMC's dividend (7.89%) is in the top 25% of dividend payers in the PS market (6.15%)
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: With its low cash payout ratio (17.2%), GMC's dividend payments are well covered by cash flows.