Me Lin Steel Dividend
Dividend criteria checks 2/6
Me Lin Steel is a dividend paying company with a current yield of 14.93%.
Key information
14.9%
Dividend yield
0%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₫248.00 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MEL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MEL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Me Lin Steel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MEL) | 14.9% |
Market Bottom 25% (VN) | 3.4% |
Market Top 25% (VN) | 8.6% |
Industry Average (Trade Distributors) | 4.8% |
Analyst forecast in 3 Years (MEL) | n/a |
Notable Dividend: MEL's dividend (14.93%) is higher than the bottom 25% of dividend payers in the VN market (3.36%).
High Dividend: MEL's dividend (14.93%) is in the top 25% of dividend payers in the VN market (8.59%)
Earnings Payout to Shareholders
Earnings Coverage: Unable to calculate sustainability of dividends as MEL has not reported any payouts.
Cash Payout to Shareholders
Cash Flow Coverage: MEL is paying a dividend but the company has no free cash flows.