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 Yield2.0%
Future Dividend Yield2.0%
Dividend Growth-7.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.411
Payout ratio11%

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
How does MDIK.F dividend yield compare to the market?
SegmentDividend Yield
Company (MDIK.F)1.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.4%
Industry Average (Energy Services)2.3%
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.


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