Mpact Dividend
Dividend criteria checks 4/6
Mpact is a dividend paying company with a current yield of 4.45% that is well covered by earnings. Next payment date is on 8th April, 2024 with an ex-dividend date of 3rd April, 2024.
Key information
4.4%
Dividend yield
33%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | 08 Apr 24 |
Ex dividend date | 03 Apr 24 |
Dividend per share | n/a |
Earnings per share | R3.66 |
Dividend yield forecast in 3Y | 7.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MPT's dividend payments have been volatile in the past 10 years.
Growing Dividend: MPT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mpact Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MPT) | 4.4% |
Market Bottom 25% (ZA) | 3.8% |
Market Top 25% (ZA) | 8.9% |
Industry Average (Packaging) | 1.6% |
Analyst forecast in 3 Years (MPT) | 7.3% |
Notable Dividend: MPT's dividend (4.45%) is higher than the bottom 25% of dividend payers in the ZA market (3.8%).
High Dividend: MPT's dividend (4.45%) is low compared to the top 25% of dividend payers in the ZA market (8.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), MPT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), MPT's dividend payments are covered by cash flows.