Mehran Sugar Mills Dividends and Buybacks
Dividend criteria checks 4/6
Mehran Sugar Mills is a dividend paying company with a current yield of 14.72% that is well covered by earnings.
Key information
14.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨7.000 |
| Payout ratio | 48% |
Recent dividend and buyback 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) | 14.7% |
| Market Bottom 25% (PK) | 3.6% |
| Market Top 25% (PK) | 10.9% |
| Industry Average (Food) | 3.8% |
| Analyst forecast (MRNS) (up to 3 years) | n/a |
Notable Dividend: MRNS's dividend (14.72%) is higher than the bottom 25% of dividend payers in the PK market (3.57%).
High Dividend: MRNS's dividend (14.72%) is in the top 25% of dividend payers in the PK market (11.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.5%), 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.