MJL Bangladesh Dividends and Buybacks
Dividend criteria checks 5/6
MJL Bangladesh is a dividend paying company with a current yield of 5.34% that is well covered by earnings. Next payment date is on 19th January, 2025 with an ex-dividend date of 18th November, 2024.
Key information
5.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.4% |
| Next dividend pay date | 19 Jan 25 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | ৳5.200 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MJLBD's dividends per share have been stable in the past 10 years.
Growing Dividend: MJLBD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MJL Bangladesh Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MJLBD) | 5.3% |
| Market Bottom 25% (BD) | 1.0% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Oil and Gas) | 6.0% |
| Analyst forecast (MJLBD) (up to 3 years) | n/a |
Notable Dividend: MJLBD's dividend (5.34%) is higher than the bottom 25% of dividend payers in the BD market (1.03%).
High Dividend: MJLBD's dividend (5.34%) is in the top 25% of dividend payers in the BD market (4.46%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.9%), MJLBD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MJLBD is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:20 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 |
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* 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
MJL Bangladesh PLC is covered by 1 analysts. 1 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 |
|---|---|
| Hossain Zaman Khan | BRAC EPL Stock Brokerage Ltd |