First Milling Dividend
Dividend criteria checks 3/6
First Milling is a dividend paying company with a current yield of 3.7% that is well covered by earnings.
Key information
3.7%
Dividend yield
69%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.س4.05 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent 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 |
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Segment | Dividend Yield |
---|---|
Company (2283) | 3.7% |
Market Bottom 25% (SA) | 1.7% |
Market Top 25% (SA) | 4.9% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (2283) | 4.6% |
Notable Dividend: 2283's dividend (3.7%) is higher than the bottom 25% of dividend payers in the SA market (1.66%).
High Dividend: 2283's dividend (3.7%) is low compared to the top 25% of dividend payers in the SA market (4.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.8%), 2283's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.4%), 2283's dividend payments are covered by cash flows.