MTN Uganda Dividend
Dividend criteria checks 3/6
MTN Uganda is a dividend paying company with a current yield of 10.4% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
10.4%
Dividend yield
82%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | 21 Jun 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | USh22.02 |
| Dividend yield forecast in 3Y | 13.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MTNU has been paying a dividend for less than 10 years.
Growing Dividend: MTNU's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| MTN Uganda Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTNU) | 10.4% |
| Market Bottom 25% (UG) | 4.0% |
| Market Top 25% (UG) | 15.6% |
| Industry Average (Telecom) | 6.2% |
| Analyst forecast in 3 Years (MTNU) | 13.8% |
Notable Dividend: MTNU's dividend (10.4%) is higher than the bottom 25% of dividend payers in the UG market (4.04%).
High Dividend: MTNU's dividend (10.4%) is low compared to the top 25% of dividend payers in the UG market (15.63%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.7%), MTNU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.2%), MTNU's dividend payments are covered by cash flows.