Michang Oil Ind .Co.Ltd Dividend
Dividend criteria checks 3/6
Michang Oil Ind .Co.Ltd is a dividend paying company with a current yield of 3.5% that is well covered by earnings.
Key information
3.5%
Dividend yield
9%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₩31.49k |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Michang Oil Ind .Co.Ltd's (KRX:003650) Solid Earnings May Rest On Weak Foundations
Mar 28
The Case For Michang Oil Ind .Co.,Ltd. (KRX:003650): Could It Be A Nice Addition To Your Dividend Portfolio?
May 05Michang Oil Ind .Co.Ltd's (KRX:003650) Returns On Capital Are Heading Higher
Apr 13Could The Michang Oil Ind .Co.,Ltd. (KRX:003650) Ownership Structure Tell Us Something Useful?
Feb 27Why Michang Oil Ind .Co.,Ltd. (KRX:003650) Should Be In Your Dividend Portfolio
Jan 28Michang Oil Ind .Co.,Ltd. (KRX:003650) Passed Our Checks, And It's About To Pay A ₩2,000 Dividend
Dec 24
Our Take On The Returns On Capital At Michang Oil Ind .Co.Ltd (KRX:003650)
Nov 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A003650 has been paying a dividend for less than 10 years.
Growing Dividend: A003650's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Michang Oil Ind .Co.Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A003650) | 3.5% |
| Market Bottom 25% (KR) | 1.0% |
| Market Top 25% (KR) | 3.5% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast in 3 Years (A003650) | n/a |
Notable Dividend: A003650's dividend (3.5%) is higher than the bottom 25% of dividend payers in the KR market (1%).
High Dividend: A003650's dividend (3.5%) is low compared to the top 25% of dividend payers in the KR market (3.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.9%), A003650's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8%), A003650's dividend payments are thoroughly covered by cash flows.