Momentum Metropolitan Holdings Limited

JSE:MTM Stock Report

Market Cap: R29.6b

Momentum Metropolitan Holdings Dividend

Dividend criteria checks 4/6

Momentum Metropolitan Holdings is a dividend paying company with a current yield of 5.94% that is well covered by earnings.

Key information

5.9%

Dividend yield

39%

Payout ratio

Industry average yield4.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareR3.30
Dividend yield forecast in 3Y7.0%

Recent dividend updates

Recent updates

Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts

May 23
Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts

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 Metropolitan Holdings Dividend Yield vs Market
How does MTM dividend yield compare to the market?
SegmentDividend Yield
Company (MTM)5.9%
Market Bottom 25% (ZA)3.8%
Market Top 25% (ZA)8.9%
Industry Average (Insurance)4.6%
Analyst forecast in 3 Years (MTM)7.0%

Notable Dividend: MTM's dividend (5.94%) is higher than the bottom 25% of dividend payers in the ZA market (3.83%).

High Dividend: MTM's dividend (5.94%) is low compared to the top 25% of dividend payers in the ZA market (8.94%).


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.


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