MODEC Dividends and Buybacks
Dividend criteria checks 4/6
MODEC is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -7.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.411 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MDIK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: MDIK.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MODEC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDIK.F) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Energy Services) | 2.2% |
| Analyst forecast (MDIK.F) (up to 3 years) | 2.0% |
Notable Dividend: MDIK.F's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MDIK.F's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), MDIK.F's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.1%), MDIK.F's dividend payments are thoroughly covered by cash flows.