Melstacorp Dividend
Dividend criteria checks 2/6
Melstacorp is a dividend paying company with a current yield of 10%.
Key information
10.0%
Dividend yield
160%
Payout ratio
Industry average yield | 7.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨5.62 |
Dividend yield forecast in 3Y | 15.0% |
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) | 2.4% |
Market Top 25% (LK) | 8.0% |
Industry Average (Beverage) | 7.5% |
Analyst forecast in 3 Years (MELS.N0000) | 15.0% |
Notable Dividend: MELS.N0000's dividend (10%) is higher than the bottom 25% of dividend payers in the LK market (2.39%).
High Dividend: MELS.N0000's dividend (10%) is in the top 25% of dividend payers in the LK market (7.98%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (159.8%), MELS.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.6%), MELS.N0000's dividend payments are not well covered by cash flows.