Michang Oil Ind Dividends and Buybacks
Dividend criteria checks 3/6
Michang Oil Ind is a dividend paying company with a current yield of 3.09% that is well covered by earnings.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₩2.800k |
| Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Is Now The Time To Put Michang Oil Ind .Co.Ltd (KRX:003650) On Your Watchlist?
Aug 12
Michang Oil Ind .Co.Ltd's (KRX:003650) Solid Earnings May Rest On Weak Foundations
Mar 28The 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 5 years.
Dividend Yield vs Market
| Michang Oil Ind Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A003650) | 3.1% |
| Market Bottom 25% (KR) | 1.3% |
| Market Top 25% (KR) | 4.0% |
| Industry Average (Oil and Gas) | 4.1% |
| Analyst forecast (A003650) (up to 3 years) | n/a |
Notable Dividend: A003650's dividend (3.09%) is higher than the bottom 25% of dividend payers in the KR market (1.27%).
High Dividend: A003650's dividend (3.09%) is low compared to the top 25% of dividend payers in the KR market (3.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.7%), A003650's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.5%), A003650's dividend payments are thoroughly covered by cash flows.