Menicon Dividend
Dividend criteria checks 1/6
Menicon is a dividend paying company with a current yield of 0.99% that is well covered by earnings.
Key information
1.0%
Dividend yield
26%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$97.08 |
| Dividend yield forecast | 1.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MNNL.F has been paying a dividend for less than 10 years.
Growing Dividend: MNNL.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Menicon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MNNL.F) | 1.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (MNNL.F) (up to 3 years) | 1.1% |
Notable Dividend: MNNL.F's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: MNNL.F's dividend (0.99%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.7%), MNNL.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MNNL.F is paying a dividend but the company has no free cash flows.