Mahaweli Coconut Plantations Dividends and Buybacks
Dividend criteria checks 2/6
Mahaweli Coconut Plantations is a dividend paying company with a current yield of 6.58% that is well covered by earnings.
Key information
6.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨2.000 |
| Payout ratio | 48% |
Recent dividend and buyback 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's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Mahaweli Coconut Plantations Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCPL.N0000) | 6.6% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Food) | 4.9% |
| Analyst forecast (MCPL.N0000) (up to 3 years) | n/a |
Notable Dividend: MCPL.N0000's dividend (6.58%) is higher than the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: MCPL.N0000's dividend (6.58%) is low compared to the top 25% of dividend payers in the LK market (7.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.5%), MCPL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (163.1%), MCPL.N0000's dividend payments are not well covered by cash flows.