Momentum Group Dividend
Dividend criteria checks 4/6
Momentum Group is a dividend paying company with a current yield of 5.39% that is well covered by earnings.
Key information
5.4%
Dividend yield
39%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | R1.300 |
Earnings per share | R3.30 |
Dividend yield forecast in 3Y | 6.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTM's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Momentum Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MTM) | 5.4% |
Market Bottom 25% (ZA) | 3.5% |
Market Top 25% (ZA) | 8.7% |
Industry Average (Insurance) | 4.2% |
Analyst forecast in 3 Years (MTM) | 6.3% |
Notable Dividend: MTM's dividend (5.39%) is higher than the bottom 25% of dividend payers in the ZA market (3.51%).
High Dividend: MTM's dividend (5.39%) is low compared to the top 25% of dividend payers in the ZA market (8.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.5%), MTM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.7%), MTM's dividend payments are covered by cash flows.