Umeme Dividend
Dividend criteria checks 4/6
Umeme is a dividend paying company with a current yield of 24.09%. Next payment date is on 19th July, 2024 with an ex-dividend date of 26th June, 2024.
Key information
24.1%
Dividend yield
1,107%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 26 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | USh7.06 |
| Dividend yield forecast in 3Y | 27.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UMEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: UMEM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Umeme Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UMEM) | 24.1% |
| Market Bottom 25% (UG) | 4.0% |
| Market Top 25% (UG) | 16.0% |
| Industry Average (Electric Utilities) | 4.3% |
| Analyst forecast in 3 Years (UMEM) | 27.1% |
Notable Dividend: UMEM's dividend (24.09%) is higher than the bottom 25% of dividend payers in the UG market (4.04%).
High Dividend: UMEM's dividend (24.09%) is in the top 25% of dividend payers in the UG market (15.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1107.2%), UMEM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), UMEM's dividend payments are covered by cash flows.