Mahaweli Coconut Plantations Dividend
Dividend criteria checks 2/6
Mahaweli Coconut Plantations is a dividend paying company with a current yield of 5.17% that is well covered by earnings.
Key information
5.2%
Dividend yield
82%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨2.47 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCPL.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MCPL.N0000 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
Mahaweli Coconut Plantations Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MCPL.N0000) | 5.2% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.8% |
Industry Average (Food) | 5.2% |
Analyst forecast in 3 Years (MCPL.N0000) | n/a |
Notable Dividend: MCPL.N0000's dividend (5.17%) is higher than the bottom 25% of dividend payers in the LK market (2.32%).
High Dividend: MCPL.N0000's dividend (5.17%) is low compared to the top 25% of dividend payers in the LK market (7.78%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.5%), MCPL.N0000's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (173%), MCPL.N0000's dividend payments are not well covered by cash flows.