Massy Holdings Dividend
Dividend criteria checks 5/6
Massy Holdings is a dividend paying company with a current yield of 4.24% that is well covered by earnings.
Key information
4.2%
Dividend yield
43%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | TT$0.158 |
Earnings per share | TT$0.37 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MASSY's dividends per share have been stable in the past 10 years.
Growing Dividend: MASSY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Massy Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MASSY) | 4.2% |
Market Bottom 25% (TT) | 3.0% |
Market Top 25% (TT) | 5.5% |
Industry Average (Industrials) | 3.8% |
Analyst forecast (MASSY) (up to 3 years) | n/a |
Notable Dividend: MASSY's dividend (4.24%) is higher than the bottom 25% of dividend payers in the TT market (3.09%).
High Dividend: MASSY's dividend (4.24%) is low compared to the top 25% of dividend payers in the TT market (5.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.1%), MASSY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.6%), MASSY's dividend payments are well covered by cash flows.