Melstacorp PLC

COSE:MELS.N0000 Stock Report

Market Cap: LK₨101.9b

Melstacorp Dividend

Dividend criteria checks 3/6

Melstacorp is a dividend paying company with a current yield of 9.46%. Next payment date is on 12th July, 2024 with an ex-dividend date of 26th June, 2024.

Key information

9.5%

Dividend yield

104%

Payout ratio

Industry average yield7.2%
Next dividend pay date12 Jul 24
Ex dividend date26 Jun 24
Dividend per sharen/a
Earnings per shareLK₨7.97
Dividend yield forecast in 3Y15.4%

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
How does MELS.N0000 dividend yield compare to the market?
SegmentDividend Yield
Company (MELS.N0000)9.5%
Market Bottom 25% (LK)2.3%
Market Top 25% (LK)7.7%
Industry Average (Beverage)7.2%
Analyst forecast in 3 Years (MELS.N0000)15.4%

Notable Dividend: MELS.N0000's dividend (9.46%) is higher than the bottom 25% of dividend payers in the LK market (2.26%).

High Dividend: MELS.N0000's dividend (9.46%) is in the top 25% of dividend payers in the LK market (7.74%)


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.


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