Magni-Tech Industries Berhad Dividend
Dividend criteria checks 5/6
Magni-Tech Industries Berhad is a dividend paying company with a current yield of 4.86% that is well covered by earnings.
Key information
4.9%
Dividend yield
43%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RM 0.118 |
| Earnings per share | RM 0.32 |
| Dividend yield forecast | 5.6% |
Recent dividend updates
Magni-Tech Industries Berhad (KLSE:MAGNI) Is Due To Pay A Dividend Of MYR0.033
Jun 27
Magni-Tech Industries Berhad (KLSE:MAGNI) Is Paying Out A Larger Dividend Than Last Year
Mar 21Recent updates
Magni-Tech Industries Berhad (KLSE:MAGNI) Is Due To Pay A Dividend Of MYR0.033
Jun 27Magni-Tech Industries Berhad's (KLSE:MAGNI) Earnings Are Of Questionable Quality
Mar 25Magni-Tech Industries Berhad (KLSE:MAGNI) Is Paying Out A Larger Dividend Than Last Year
Mar 21Magni-Tech Industries Berhad (KLSE:MAGNI) Is Increasing Its Dividend To MYR0.023
Dec 14Magni-Tech Industries Berhad (KLSE:MAGNI) Has Announced That It Will Be Increasing Its Dividend To RM0.028
Jun 26Some Investors May Be Worried About Magni-Tech Industries Berhad's (KLSE:MAGNI) Returns On Capital
May 24Is Now The Time To Put Magni-Tech Industries Berhad (KLSE:MAGNI) On Your Watchlist?
Apr 16Should You Buy Magni-Tech Industries Berhad (KLSE:MAGNI) For Its Upcoming Dividend?
Mar 17We Think That There Are Some Issues For Magni-Tech Industries Berhad (KLSE:MAGNI) Beyond Its Promising Earnings
Mar 15Shareholders Of Magni-Tech Industries Berhad (KLSE:MAGNI) Must Be Happy With Their 71% Return
Mar 09Should We Be Excited About The Trends Of Returns At Magni-Tech Industries Berhad (KLSE:MAGNI)?
Feb 22Why Magni-Tech Industries Berhad (KLSE:MAGNI) Is A Top Dividend Stock
Feb 04
Could The Magni-Tech Industries Berhad (KLSE:MAGNI) Ownership Structure Tell Us Something Useful?
Jan 18Will Weakness in Magni-Tech Industries Berhad's (KLSE:MAGNI) Stock Prove Temporary Given Strong Fundamentals?
Dec 30Magni-Tech Industries Berhad (KLSE:MAGNI) Could Be A Buy For Its Upcoming Dividend
Dec 12Magni-Tech Industries Berhad (KLSE:MAGNI) Has Gifted Shareholders With A Fantastic 110% Total Return On Their Investment
Dec 02Trends At Magni-Tech Industries Berhad (KLSE:MAGNI) Point To A Promising Future
Nov 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MAGNI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAGNI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Magni-Tech Industries Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAGNI) | 4.9% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.7% |
| Industry Average (Luxury) | 5.6% |
| Analyst forecast (MAGNI) (up to 3 years) | 5.6% |
Notable Dividend: MAGNI's dividend (4.86%) is higher than the bottom 25% of dividend payers in the MY market (1.92%).
High Dividend: MAGNI's dividend (4.86%) is in the top 25% of dividend payers in the MY market (4.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), MAGNI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), MAGNI's dividend payments are well covered by cash flows.