E & M Computing Ltd: Ex-Dividend Date Approaching – Should You Invest?
- The ex-dividend date is the day before the record date, which determines eligibility for dividends.
- In the last 12 months, E & M Computing paid a total of ₪0.27 per share, leading to a trailing yield of 2.9% based on the current share...
- E & M Computing distributed 51% of its earnings as dividends last year, which is typical for many businesses.
E & M Computing Ltd. Overview
E & M Computing Ltd. (TLV:EMCO) will go ex-dividend in three days. The ex-dividend date is the day before the record date, which determines eligibility for dividends. Investors can buy shares before December 5th to receive the upcoming dividend of ₪0.06, to be paid on December 17th.
Dividend History and Yield
In the last 12 months, E & M Computing paid a total of ₪0.27 per share, leading to a trailing yield of 2.9% based on the current share price of ₪9.268. The sustainability of dividends relies on the company’s financial health.
Payout Ratios
E & M Computing distributed 51% of its earnings as dividends last year, which is typical for many businesses. Importantly, it paid 16% of its free cash flow as dividends, indicating a conservative approach.
Earnings Growth and Dividend Trends
Earnings per share at E & M Computing have decreased by about 11% annually over the past five years. Additionally, dividend payments per share have declined by 0.7% per year over the last decade.
Conclusion
E & M Computing’s payout ratios suggest the dividend may be sustainable. However, declining earnings raise concerns about future payouts. Therefore, caution is advised when considering this stock for dividends. For further research, explore the risks associated with E & M Computing and its investment potential.