MJL Bangladesh Dividends and Buybacks
Dividend criteria checks 5/6
MJL Bangladesh is a dividend paying company with a current yield of 5.53% 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
5.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.6% |
| Next dividend pay date | 19 Jan 25 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | ৳5.200 |
| Payout ratio | 47% |
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) | 5.5% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.2% |
| Industry Average (Oil and Gas) | 5.7% |
| Analyst forecast (MJLBD) (up to 3 years) | n/a |
Notable Dividend: MJLBD's dividend (5.53%) is higher than the bottom 25% of dividend payers in the BD market (1.06%).
High Dividend: MJLBD's dividend (5.53%) is in the top 25% of dividend payers in the BD market (4.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), MJLBD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MJLBD is paying a dividend but the company has no free cash flows.