Megachem (Thailand) is a dividend paying company with a current yield of 4.07% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
4.1%
Dividend yield
49%
Payout ratio
Industry average yield
7.2%
Next dividend pay date
20 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
฿0.21
Dividend yield forecast in 3Y
6.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGT-R has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MGT-R's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Megachem (Thailand) Dividend Yield vs Market
How does MGT-R dividend yield compare to the market?
Segment
Dividend Yield
Company (MGT-R)
4.1%
Market Bottom 25% (TH)
2.2%
Market Top 25% (TH)
5.9%
Industry Average (Trade Distributors)
7.2%
Analyst forecast in 3 Years (MGT-R)
6.1%
Notable Dividend: MGT-R's dividend (4.07%) is higher than the bottom 25% of dividend payers in the TH market (2.16%).
High Dividend: MGT-R's dividend (4.07%) is low compared to the top 25% of dividend payers in the TH market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.5%), MGT-R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), MGT-R's dividend payments are well covered by cash flows.