Melstacorp Dividend
Dividend criteria checks 3/6
Melstacorp is a dividend paying company with a current yield of 9.96%.
Key information
10.0%
Dividend yield
104%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | LK₨8.270 |
Earnings per share | LK₨7.97 |
Dividend yield forecast in 3Y | 10.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MELS.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MELS.N0000's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Melstacorp Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MELS.N0000) | 10.0% |
Market Bottom 25% (LK) | 2.6% |
Market Top 25% (LK) | 8.1% |
Industry Average (Beverage) | 7.6% |
Analyst forecast in 3 Years (MELS.N0000) | 10.8% |
Notable Dividend: MELS.N0000's dividend (9.96%) is higher than the bottom 25% of dividend payers in the LK market (2.6%).
High Dividend: MELS.N0000's dividend (9.96%) is in the top 25% of dividend payers in the LK market (8.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.7%), MELS.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.2%), MELS.N0000's dividend payments are covered by cash flows.