Mi Technovation Berhad Dividends and Buybacks
Dividend criteria checks 2/6
Mi Technovation Berhad is a dividend paying company with a current yield of 2.39% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 9th December, 2024.
Key information
2.4%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 14.6% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 09 Dec 24 |
| Dividend per share | RM 0.050 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Mi Technovation Berhad (KLSE:MI) Will Pay A Dividend Of MYR0.025
Aug 19
Mi Technovation Berhad (KLSE:MI) Is Due To Pay A Dividend Of MYR0.02
Feb 26Recent updates
Mi Technovation Berhad (KLSE:MI) Will Pay A Dividend Of MYR0.025
Aug 19Mi Technovation Berhad (KLSE:MI) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Aug 05Mi Technovation Berhad (KLSE:MI) Is Due To Pay A Dividend Of MYR0.02
Feb 26At RM1.55, Is Mi Technovation Berhad (KLSE:MI) Worth Looking At Closely?
Jul 13Mi Technovation Berhad (KLSE:MI) Is Reinvesting At Lower Rates Of Return
Jun 15Capital Allocation Trends At Mi Technovation Berhad (KLSE:MI) Aren't Ideal
Feb 07Is Now The Time To Look At Buying Mi Technovation Berhad (KLSE:MI)?
Sep 09A Look At The Intrinsic Value Of Mi Technovation Berhad (KLSE:MI)
Jul 22With EPS Growth And More, Mi Technovation Berhad (KLSE:MI) Is Interesting
Jun 13Investors Could Be Concerned With Mi Technovation Berhad's (KLSE:MI) Returns On Capital
May 13Does Mi Technovation Berhad (KLSE:MI) Have A Healthy Balance Sheet?
Nov 27What Is Mi Technovation Berhad's (KLSE:MI) Share Price Doing?
Jun 01Is Mi Technovation Berhad (KLSE:MI) Using Too Much Debt?
May 06Be Wary Of Mi Technovation Berhad (KLSE:MI) And Its Returns On Capital
Apr 18Are Dividend Investors Making A Mistake With Mi Technovation Berhad (KLSE:MI)?
Mar 22Is Mi Technovation Berhad (KLSE:MI) Trading At A 28% Discount?
Mar 09Is Mi Technovation Berhad (KLSE:MI) Potentially Undervalued?
Feb 24Can You Imagine How Jubilant Mi Technovation Berhad's (KLSE:MI) Shareholders Feel About Its 144% Share Price Gain?
Feb 11
Is Mi Technovation Berhad's (KLSE:MI) Shareholder Ownership Skewed Towards Insiders?
Jan 28Is Mi Technovation Berhad (KLSE:MI) Using Too Much Debt?
Jan 13What Do The Returns On Capital At Mi Technovation Berhad (KLSE:MI) Tell Us?
Jan 02Mi Technovation Berhad's (KLSE:MI) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 22Is Mi Technovation Berhad's (KLSE:MI) 0.9% Dividend Sustainable?
Dec 09Should You Rely On Mi Technovation Berhad's (KLSE:MI) Earnings Growth?
Nov 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Mi Technovation Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MI) | 2.4% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Semiconductor) | 1.8% |
| Analyst forecast (MI) (up to 3 years) | 2.6% |
Notable Dividend: MI's dividend (2.39%) is higher than the bottom 25% of dividend payers in the MY market (1.94%).
High Dividend: MI's dividend (2.39%) is low compared to the top 25% of dividend payers in the MY market (4.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.2%), MI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (132%), MI's dividend payments are not well covered by cash flows.