Market Connections Asia Dividends and Buybacks
Dividend criteria checks 2/6
Market Connections Asia is a dividend paying company with a current yield of 2.88% that is well covered by earnings.
Key information
2.9%
Dividend yield
-52.6%
Buyback Yield
| Total Shareholder Yield | -49.7% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.045 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MCA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MCA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Market Connections Asia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCA) | 2.9% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Media) | 2.5% |
| Analyst forecast (MCA) (up to 3 years) | 2.9% |
Notable Dividend: MCA's dividend (2.88%) is higher than the bottom 25% of dividend payers in the TH market (2.5%).
High Dividend: MCA's dividend (2.88%) is low compared to the top 25% of dividend payers in the TH market (6.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.8%), MCA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MCA is paying a dividend but the company has no free cash flows.