Memiontec Holdings is a dividend paying company with a current yield of 2.2% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 20th June, 2024.
Key information
2.2%
Dividend yield
40%
Payout ratio
Industry average yield
4.4%
Next dividend pay date
08 Jul 24
Ex dividend date
20 Jun 24
Dividend per share
n/a
Earnings per share
S$0.0049
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TWL has been paying a dividend for less than 10 years.
Growing Dividend: TWL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Memiontec Holdings Dividend Yield vs Market
How does TWL dividend yield compare to the market?
Segment
Dividend Yield
Company (TWL)
2.2%
Market Bottom 25% (SG)
2.8%
Market Top 25% (SG)
6.3%
Industry Average (Construction)
4.4%
Analyst forecast in 3 Years (TWL)
n/a
Notable Dividend: TWL's dividend (2.2%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.81%).
High Dividend: TWL's dividend (2.2%) is low compared to the top 25% of dividend payers in the SG market (6.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), TWL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TWL is paying a dividend but the company has no free cash flows.