Melstacorp Dividends and Buybacks
Dividend criteria checks 4/6
Melstacorp is a dividend paying company with a current yield of 8.62% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
8.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 8.4% |
| Dividend Growth | 23.1% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | LK₨9.270 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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 8 years.
Dividend Yield vs Market
| Melstacorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MELS.N0000) | 8.6% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Beverage) | 6.3% |
| Analyst forecast (MELS.N0000) (up to 3 years) | 8.4% |
Notable Dividend: MELS.N0000's dividend (8.62%) is higher than the bottom 25% of dividend payers in the LK market (2.36%).
High Dividend: MELS.N0000's dividend (8.62%) is in the top 25% of dividend payers in the LK market (7.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), MELS.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.9%), MELS.N0000's dividend payments are well covered by cash flows.