Meezan Bank Dividends and Buybacks
Dividend criteria checks 5/6
Meezan Bank is a dividend paying company with a current yield of 12.15% that is well covered by earnings.
Key information
12.2%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 12.1% |
| Future Dividend Yield | 11.1% |
| Dividend Growth | 11.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨32.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEBL's dividend payments have been volatile in the past 10 years.
Growing Dividend: MEBL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Meezan Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEBL) | 12.2% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 11.0% |
| Industry Average (Banks) | 13.2% |
| Analyst forecast (MEBL) (up to 3 years) | 11.1% |
Notable Dividend: MEBL's dividend (12.15%) is higher than the bottom 25% of dividend payers in the PK market (3.62%).
High Dividend: MEBL's dividend (12.15%) is in the top 25% of dividend payers in the PK market (11.01%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.4%), MEBL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MEBL's dividends in 3 years are forecast to be covered by earnings (58.3% payout ratio).