Y.D. More Investments Ltd (TLV:MRIN) is set to trade ex-dividend in the next 4 days, making dividend lovers at Simply Wall St excited. The ex-dividend date is crucial as it determines the shareholders eligible to receive a dividend, with the process of settlement taking two full business days. To receive the dividend payment on the 23rd of June, investors can purchase Y.D. More Investments’ shares before the 13th of June.
The company’s upcoming dividend payment will be ₪0.280494 per share, following last year’s total payout of ₪0.51 to shareholders. With a trailing yield of 6.6% on the current share price of ₪7.844, dividends are an important source of income for many shareholders. It is essential to assess whether Y.D. More Investments can afford its dividend and if the dividend has the potential to grow.
Payout ratios are crucial indicators of dividend sustainability, with Y.D. More Investments paying out 55% of its earnings to investors last year. Generally, lower payout ratios indicate a more resilient dividend.
Earnings per share growth is a key factor in determining a company’s dividend prospects, with Y.D. More Investments showing a 9.1% annual growth over the last five years. The company has also increased its dividend by approximately 1.9% per year on average since the start of our data seven years ago.
While Y.D. More Investments appears to be an attractive dividend stock with growing earnings per share and reasonable payout ratios, it is important to consider other risks facing the business. Investors should conduct further research to understand the company’s reinvestment in growth projects that could impact future earnings and dividends.
For those interested in high-yield dividend stocks, it is advisable to explore a full list before making any investment decisions. Valuation of Y.D. More Investments can be complex, but our comprehensive analysis includes fair value estimates, risks, warnings, dividends, insider transactions, and financial health.
As a general article by Simply Wall St, our commentary is based on historical data and analyst forecasts using an unbiased methodology. It is not financial advice and does not constitute a recommendation to buy or sell any stock. Our analysis aims to provide long-term focused insights driven by fundamental data. Please note that our analysis may not consider the latest price-sensitive company announcements or qualitative material. Simply Wall St does not hold any positions in the stocks mentioned.