Mena Transport Dividends and Buybacks
Dividend criteria checks 2/6
Mena Transport is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 50.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ฿0.030 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MENA has been paying a dividend for less than 10 years.
Growing Dividend: MENA has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Mena Transport Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MENA) | 2.4% |
| Market Bottom 25% (TH) | 2.5% |
| Market Top 25% (TH) | 6.7% |
| Industry Average (Transportation) | 6.2% |
| Analyst forecast (MENA) (up to 3 years) | 3.3% |
Notable Dividend: MENA's dividend (2.44%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.5%).
High Dividend: MENA's dividend (2.44%) is low compared to the top 25% of dividend payers in the TH market (6.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), MENA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.5%), MENA's dividend payments are well covered by cash flows.