Myland Developments Dividend
Dividend criteria checks 1/6
Myland Developments is a dividend paying company with a current yield of 2.55%.
Key information
2.6%
Dividend yield
-254%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -LK₨0.64 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MDL.N0000 has been paying a dividend for less than 10 years.
Growing Dividend: MDL.N0000 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Myland Developments Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MDL.N0000) | 2.6% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Real Estate) | 7.6% |
Analyst forecast in 3 Years (MDL.N0000) | n/a |
Notable Dividend: MDL.N0000's dividend (2.55%) is higher than the bottom 25% of dividend payers in the LK market (2.29%).
High Dividend: MDL.N0000's dividend (2.55%) is low compared to the top 25% of dividend payers in the LK market (7.51%).
Earnings Payout to Shareholders
Earnings Coverage: MDL.N0000 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: MDL.N0000 is paying a dividend but the company has no free cash flows.