Phoenix Beverages Dividend
Dividend criteria checks 5/6
Phoenix Beverages is a dividend paying company with a current yield of 4.47% that is well covered by earnings.
Key information
4.5%
Dividend yield
32%
Payout ratio
| Industry average yield | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | MU₨22.400 |
| Earnings per share | MU₨67.70 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MBL.N0000's dividends per share have been stable in the past 10 years.
Growing Dividend: MBL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Phoenix Beverages Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MBL.N0000) | 4.5% |
| Market Bottom 25% (MU) | 3.9% |
| Market Top 25% (MU) | 5.9% |
| Industry Average (Beverage) | 6.1% |
| Analyst forecast (MBL.N0000) (up to 3 years) | n/a |
Notable Dividend: MBL.N0000's dividend (4.47%) is higher than the bottom 25% of dividend payers in the MU market (3.85%).
High Dividend: MBL.N0000's dividend (4.47%) is low compared to the top 25% of dividend payers in the MU market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), MBL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.2%), MBL.N0000's dividend payments are well covered by cash flows.