Magni-Tech Industries Berhad Dividend
Dividend criteria checks 3/6
Magni-Tech Industries Berhad is a dividend paying company with a current yield of 4.09% that is well covered by earnings.
Key information
4.1%
Dividend yield
40%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | RM0.28 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Magni-Tech Industries Berhad's (KLSE:MAGNI) Earnings Are Of Questionable Quality
Mar 25
Magni-Tech Industries Berhad (KLSE:MAGNI) Is Paying Out A Larger Dividend Than Last Year
Mar 21Magni-Tech Industries Berhad (KLSE:MAGNI) Is Increasing Its Dividend To MYR0.023
Dec 14Magni-Tech Industries Berhad (KLSE:MAGNI) Has Announced That It Will Be Increasing Its Dividend To RM0.028
Jun 26Some Investors May Be Worried About Magni-Tech Industries Berhad's (KLSE:MAGNI) Returns On Capital
May 24Is Now The Time To Put Magni-Tech Industries Berhad (KLSE:MAGNI) On Your Watchlist?
Apr 16Should You Buy Magni-Tech Industries Berhad (KLSE:MAGNI) For Its Upcoming Dividend?
Mar 17We Think That There Are Some Issues For Magni-Tech Industries Berhad (KLSE:MAGNI) Beyond Its Promising Earnings
Mar 15Shareholders Of Magni-Tech Industries Berhad (KLSE:MAGNI) Must Be Happy With Their 71% Return
Mar 09Should We Be Excited About The Trends Of Returns At Magni-Tech Industries Berhad (KLSE:MAGNI)?
Feb 22Why Magni-Tech Industries Berhad (KLSE:MAGNI) Is A Top Dividend Stock
Feb 04
Could The Magni-Tech Industries Berhad (KLSE:MAGNI) Ownership Structure Tell Us Something Useful?
Jan 18Will Weakness in Magni-Tech Industries Berhad's (KLSE:MAGNI) Stock Prove Temporary Given Strong Fundamentals?
Dec 30Magni-Tech Industries Berhad (KLSE:MAGNI) Could Be A Buy For Its Upcoming Dividend
Dec 12Magni-Tech Industries Berhad (KLSE:MAGNI) Has Gifted Shareholders With A Fantastic 110% Total Return On Their Investment
Dec 02Trends At Magni-Tech Industries Berhad (KLSE:MAGNI) Point To A Promising Future
Nov 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MAGNI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAGNI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Magni-Tech Industries Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAGNI) | 4.1% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Luxury) | 5.0% |
| Analyst forecast in 3 Years (MAGNI) | 5.0% |
Notable Dividend: MAGNI's dividend (4.09%) is higher than the bottom 25% of dividend payers in the MY market (1.8%).
High Dividend: MAGNI's dividend (4.09%) is low compared to the top 25% of dividend payers in the MY market (4.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), MAGNI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (226.5%), MAGNI's dividend payments are not well covered by cash flows.