Malayan Cement Berhad Dividend
Dividend criteria checks 3/6
Malayan Cement Berhad is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 15th November, 2024 with an ex-dividend date of 29th October, 2024.
Key information
2.3%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | 15 Nov 24 |
| Ex dividend date | 29 Oct 24 |
| Dividend per share | RM 0.120 |
| Earnings per share | RM 0.32 |
| Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Malayan Cement Berhad's (KLSE:MCEMENT) Dividend Will Be MYR0.06
Aug 23
Malayan Cement Berhad (KLSE:MCEMENT) Is Doing The Right Things To Multiply Its Share Price
Jul 31Malayan Cement Berhad's (KLSE:MCEMENT) Popularity With Investors Is Under Threat From Overpricing
Jul 11Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 47% Discount?
Jun 04Returns On Capital Are Showing Encouraging Signs At Malayan Cement Berhad (KLSE:MCEMENT)
Jan 04Malayan Cement Berhad (KLSE:MCEMENT) Has A Pretty Healthy Balance Sheet
Sep 19What You Can Learn From Malayan Cement Berhad's (KLSE:MCEMENT) P/E
Aug 15Returns At Malayan Cement Berhad (KLSE:MCEMENT) Are On The Way Up
Jul 24Are Investors Undervaluing Malayan Cement Berhad (KLSE:MCEMENT) By 38%?
Jul 05At RM2.99, Is It Time To Put Malayan Cement Berhad (KLSE:MCEMENT) On Your Watch List?
Jun 14Does Malayan Cement Berhad (KLSE:MCEMENT) Have A Healthy Balance Sheet?
Mar 30Returns Are Gaining Momentum At Malayan Cement Berhad (KLSE:MCEMENT)
Feb 17Malayan Cement Berhad (KLSE:MCEMENT) Shares Could Be 45% Below Their Intrinsic Value Estimate
Jan 19Is Malayan Cement Berhad (KLSE:MCEMENT) Using Too Much Debt?
May 11Is Malayan Cement Berhad (KLSE:MCEMENT) Weighed On By Its Debt Load?
Jan 25Some Investors May Be Worried About Malayan Cement Berhad's (KLSE:MCEMENT) Returns On Capital
Nov 23Malayan Cement Berhad (KLSE:MCEMENT) Strong Profits May Be Masking Some Underlying Issues
Sep 15Is Malayan Cement Berhad (KLSE:MCEMENT) Trading At A 45% Discount?
May 18Loss-Making Malayan Cement Berhad (KLSE:MCEMENT) Set To Breakeven
Mar 25If You Had Bought Malayan Cement Berhad's (KLSE:MCEMENT) Shares Five Years Ago You Would Be Down 77%
Feb 01
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCEMENT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCEMENT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Malayan Cement Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCEMENT) | 2.3% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.6% |
| Industry Average (Basic Materials) | 2.5% |
| Analyst forecast in 3 Years (MCEMENT) | 3.0% |
Notable Dividend: MCEMENT's dividend (2.3%) is higher than the bottom 25% of dividend payers in the MY market (1.86%).
High Dividend: MCEMENT's dividend (2.3%) is low compared to the top 25% of dividend payers in the MY market (4.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), MCEMENT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), MCEMENT's dividend payments are well covered by cash flows.