Master Drilling Group Dividends and Buybacks
Dividend criteria checks 3/6
Master Drilling Group is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.525 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Master Drilling Group (JSE:MDI) Shareholders Will Want The ROCE Trajectory To Continue
Sep 03
Master Drilling Group (JSE:MDI) Is Paying Out A Larger Dividend Than Last Year
Apr 26Here's Why We Think Master Drilling Group (JSE:MDI) Might Deserve Your Attention Today
Nov 30Master Drilling Group (JSE:MDI) May Have Issues Allocating Its Capital
Feb 21Master Drilling Group (JSE:MDI) Takes On Some Risk With Its Use Of Debt
Sep 07Master Drilling Group (JSE:MDI) Might Be Having Difficulty Using Its Capital Effectively
Aug 12The Trends At Master Drilling Group (JSE:MDI) That You Should Know About
Feb 22Master Drilling Group (JSE:MDI) Share Prices Have Dropped 48% In The Last Three Years
Jan 12
Have Insiders Been Selling Master Drilling Group Limited (JSE:MDI) Shares?
Dec 14The Trends At Master Drilling Group (JSE:MDI) That You Should Know About
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MDI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MDI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Master Drilling Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MDI) | 3.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.6% |
| Industry Average (Metals and Mining) | 4.7% |
| Analyst forecast (MDI) (up to 3 years) | n/a |
Notable Dividend: MDI's dividend (3.73%) is higher than the bottom 25% of dividend payers in the ZA market (3.18%).
High Dividend: MDI's dividend (3.73%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.8%), MDI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), MDI's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:43 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Master Drilling Group Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Roy Mutooni | Renaissance Capital |
| Nic Dinham | SBG Securities (Proprietary) Limited |