Mehran Sugar Mills Dividend
Dividend criteria checks 4/6
Mehran Sugar Mills is a dividend paying company with a current yield of 12.8% that is well covered by earnings.
Key information
12.8%
Dividend yield
39%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨21.72 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRNS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRNS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mehran Sugar Mills Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MRNS) | 12.8% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.8% |
Industry Average (Food) | 3.0% |
Analyst forecast in 3 Years (MRNS) | n/a |
Notable Dividend: MRNS's dividend (12.8%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: MRNS's dividend (12.8%) is in the top 25% of dividend payers in the PK market (12.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), MRNS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MRNS is paying a dividend but the company has no free cash flows.