Meko Dividend

Dividend criteria checks 3/6

Meko is a dividend paying company with a current yield of 2.57% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 15th November, 2024.

Key information

2.6%

Dividend yield

-0.6%

Buyback Yield

Total Shareholder Yield2.0%
Future Dividend Yield3.1%
Dividend Growth-4.2%
Next dividend pay date21 Nov 24
Ex dividend date15 Nov 24
Dividend per shareSEK 3.700
Payout ratio54%

Recent dividend updates

Recent updates

Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet

Mar 28
Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet

Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital

Jan 23
Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital

Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?

Nov 16
Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?

Should You Investigate Mekonomen AB (publ) (STO:MEKO) At kr161?

Sep 02
Should You Investigate Mekonomen AB (publ) (STO:MEKO) At kr161?

Is Mekonomen (STO:MEKO) Using Too Much Debt?

Aug 21
Is Mekonomen (STO:MEKO) Using Too Much Debt?

Upcoming Dividend Payment

TodayNov 05 2024Ex Dividend DateNov 15 2024Dividend Pay DateNov 21 20246 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MEKO's dividend payments have been volatile in the past 10 years.

Growing Dividend: MEKO's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Meko Dividend Yield vs Market
How does MEKO dividend yield compare to the market?
SegmentDividend Yield
Company (MEKO)2.6%
Market Bottom 25% (SE)1.5%
Market Top 25% (SE)4.5%
Industry Average (Retail Distributors)2.7%
Analyst forecast (MEKO) (up to 3 years)3.1%

Notable Dividend: MEKO's dividend (2.57%) is higher than the bottom 25% of dividend payers in the Swedish market (1.55%).

High Dividend: MEKO's dividend (2.57%) is low compared to the top 25% of dividend payers in the Swedish market (4.49%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (54.2%), MEKO's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.7%), MEKO's dividend payments are thoroughly covered by cash flows.


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