Phoenix Beverages Dividends and Buybacks
Dividend criteria checks 5/6
Phoenix Beverages is a dividend paying company with a current yield of 4.21% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.6% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | MU₨22.750 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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) | 4.2% |
| Market Bottom 25% (MU) | 3.5% |
| Market Top 25% (MU) | 5.7% |
| Industry Average (Beverage) | 5.4% |
| Analyst forecast (MBL.N0000) (up to 3 years) | n/a |
Notable Dividend: MBL.N0000's dividend (4.21%) is higher than the bottom 25% of dividend payers in the MU market (3.41%).
High Dividend: MBL.N0000's dividend (4.21%) is low compared to the top 25% of dividend payers in the MU market (5.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), MBL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.4%), MBL.N0000's dividend payments are well covered by cash flows.