MCB Bank is a dividend paying company with a current yield of 14.08% that is well covered by earnings. Next payment date is on 28th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
14.1%
Dividend yield
55%
Payout ratio
Industry average yield
15.6%
Next dividend pay date
28 May 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
PK₨54.94
Dividend yield forecast in 3Y
16.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCB's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
MCB Bank Dividend Yield vs Market
How does MCB dividend yield compare to the market?
Segment
Dividend Yield
Company (MCB)
14.1%
Market Bottom 25% (PK)
4.1%
Market Top 25% (PK)
12.4%
Industry Average (Banks)
15.6%
Analyst forecast in 3 Years (MCB)
16.4%
Notable Dividend: MCB's dividend (14.08%) is higher than the bottom 25% of dividend payers in the PK market (4.06%).
High Dividend: MCB's dividend (14.08%) is in the top 25% of dividend payers in the PK market (12.36%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.6%), MCB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MCB's dividends in 3 years are forecast to be covered by earnings (71% payout ratio).