First Milling Dividends and Buybacks
Dividend criteria checks 3/6
First Milling is a dividend paying company with a current yield of 5.18% that is well covered by earnings.
Key information
5.2%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 30.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.س3.100 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2283's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2283's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| First Milling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2283) | 5.2% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (Food) | 2.4% |
| Analyst forecast (2283) (up to 3 years) | n/a |
Notable Dividend: 2283's dividend (5.18%) is higher than the bottom 25% of dividend payers in the SA market (1.85%).
High Dividend: 2283's dividend (5.18%) is in the top 25% of dividend payers in the SA market (4.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), 2283's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.2%), 2283's dividend payments are not well covered by cash flows.