Al-Modawat Specialized Medical is a dividend paying company with a current yield of 1.89% that is well covered by earnings. Next payment date is on 14th November, 2024 with an ex-dividend date of 3rd November, 2024.
Key information
1.9%
Dividend yield
72%
Payout ratio
Industry average yield
1.4%
Next dividend pay date
14 Nov 24
Ex dividend date
03 Nov 24
Dividend per share
ر.س0.280
Earnings per share
ر.س0.78
Dividend yield forecast
n/a
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 9594's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9594's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Al-Modawat Specialized Medical Dividend Yield vs Market
How does 9594 dividend yield compare to the market?
Segment
Dividend Yield
Company (9594)
1.9%
Market Bottom 25% (SA)
1.8%
Market Top 25% (SA)
4.5%
Industry Average (Healthcare)
1.4%
Analyst forecast (9594) (up to 3 years)
n/a
Notable Dividend: 9594's dividend (1.89%) is higher than the bottom 25% of dividend payers in the SA market (1.76%).
High Dividend: 9594's dividend (1.89%) is low compared to the top 25% of dividend payers in the SA market (4.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.5%), 9594's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.7%), 9594's dividend payments are covered by cash flows.