Meko Dividends and Buybacks
Dividend criteria checks 3/6
Meko is a dividend paying company with a current yield of 3.22% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
3.2%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | -3.4% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | SEK 3.700 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEKOS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MEKOS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Meko Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEKOS) | 3.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Specialty Retail) | 3.7% |
| Analyst forecast (MEKOS) (up to 3 years) | 3.9% |
Notable Dividend: MEKOS's dividend (3.22%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).
High Dividend: MEKOS's dividend (3.22%) is low compared to the top 25% of dividend payers in the UK market (5.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), MEKOS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.1%), MEKOS's dividend payments are well covered by cash flows.