Investors who rely on dividends for growing their wealth may be interested to know that Mevaco S.A. (ATH:MEVA) is going ex-dividend in four days. The ex-dividend date is important as it determines which shareholders are entitled to receive a dividend. If you purchase Mevaco’s shares on or after July 5th, you will not receive the dividend, which will be paid on July 10th.
Mevaco’s next dividend payment will be €0.15 per share, with a trailing yield of approximately 3.9% on its current stock price of €3.89. It’s important to assess whether the dividend payments are covered and if earnings are growing.
Mevaco has been paying out a modest 50% of its earnings, which is a good sign for dividend sustainability. The company’s earnings have been rising by 63% per annum for the past five years, indicating strong growth prospects.
While Mevaco has only been paying a dividend for a short time, its rapid earnings growth and low payout percentage suggest potential for dividend growth in the long term. Overall, Mevaco appears to be a promising dividend stock worth further investigation.
It’s important to be aware of risks when investing in any company. For those interested in dividend stocks, there are curated lists available to explore. Assessing the valuation of a stock can provide insights into whether it is over or undervalued. It’s recommended to conduct thorough research before making investment decisions.