Mesiniaga Berhad Dividend
Dividend criteria checks 2/6
Mesiniaga Berhad is a dividend paying company with a current yield of 1.61% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 5th June, 2024.
Key information
1.6%
Dividend yield
39%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 03 Jul 24 |
| Ex dividend date | 05 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.065 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
The Return Trends At Mesiniaga Berhad (KLSE:MSNIAGA) Look Promising
Mar 21
Investor Optimism Abounds Mesiniaga Berhad (KLSE:MSNIAGA) But Growth Is Lacking
Nov 20Here's Why Mesiniaga Berhad (KLSE:MSNIAGA) Can Manage Its Debt Responsibly
Oct 14What We Make Of Mesiniaga Berhad's (KLSE:MSNIAGA) Returns On Capital
Feb 05
Mesiniaga Berhad (KLSE:MSNIAGA) Seems To Use Debt Quite Sensibly
Dec 25Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MSNIAGA's dividend payments have been volatile in the past 10 years.
Growing Dividend: MSNIAGA's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mesiniaga Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MSNIAGA) | 1.6% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (IT) | 4.0% |
| Analyst forecast in 3 Years (MSNIAGA) | n/a |
Notable Dividend: MSNIAGA's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: MSNIAGA's dividend (1.61%) is low compared to the top 25% of dividend payers in the MY market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), MSNIAGA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.3%), MSNIAGA's dividend payments are well covered by cash flows.