MCB Group Dividends and Buybacks
Dividend criteria checks 3/6
MCB Group is a dividend paying company with a current yield of 5.28% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 28th November, 2024.
Key information
5.2%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 4.9% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | MU₨23.000 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCBG.P0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCBG.P0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MCB Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCBG.P0000) | 5.2% |
| Market Bottom 25% (MU) | 3.6% |
| Market Top 25% (MU) | 5.5% |
| Industry Average (Banks) | 4.9% |
| Analyst forecast (MCBG.P0000) (up to 3 years) | 5.2% |
Notable Dividend: MCBG.P0000's dividend (5.28%) is higher than the bottom 25% of dividend payers in the MU market (3.58%).
High Dividend: MCBG.P0000's dividend (5.28%) is low compared to the top 25% of dividend payers in the MU market (5.52%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), MCBG.P0000's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.