MK stock dividend – M.K. Real Estate Development PCL Announces 0.11 Cash Dividend
June 11, 2023
🌥️Dividends Yield
M.K. Real Estate Development PCL recently announced a cash dividend of 0.11 THB per share for the year 2023. This dividend will be paid on May 25th, 2023 and the ex-dividend date is May 8th, 2023. If you are looking for a dividend stock to add to your portfolio, M.K. REAL ESTATE DEVELOPMENT PUBLIC ($SET:MK) may fit the bill. Last year, they issued an annual dividend of 0.0 THB per share, with a dividend yield of 5.14% over the period from 2023 to 2023, and an average dividend yield of 5.14%.
Investors should not only consider the returns from dividends when deciding whether to invest in M.K. REAL ESTATE DEVELOPMENT PUBLIC but also the overall performance of the company in terms of revenue, profits, and future prospects. Investors who decide to go ahead with investing in M.K. Real Estate Development PCL should be aware that market conditions may cause the price of the stock to fluctuate, and so they should be prepared for possible losses as well as gains.
Stock Price
The company’s stock opened at THB3.0 and closed at THB2.9, indicating a slight decrease in price. The dividends indicate that the company is financially sound and is able to pay out a portion of its profits to shareholders. The dividend will benefit shareholders who have invested in the company’s stock, as the return on their investments will increase with the pay-out of the dividend. This may encourage more investors to consider investing in M.K. REAL ESTATE DEVELOPMENT PUBLIC, as the dividend indicates a degree of stability in the company’s stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MK. More…
| Total Revenues | Net Income | Net Margin |
| 2.28k | 57.82 | -24.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MK. More…
| Operations | Investing | Financing |
| 858.66 | -13.06 | -359.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 19.12k | 12.67k | 5.89 |
Key Ratios Snapshot
Some of the financial key ratios for MK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -11.4% | -11.8% | 10.1% |
| FCF Margin | ROE | ROA |
| -4.0% | 2.2% | 0.8% |
Analysis – MK Stock Fair Value Calculator
GoodWhale provides a comprehensive analysis of M.K. REAL ESTATE DEVELOPMENT PUBLIC’s financials. Our proprietary Valuation Line shows that the intrinsic value of the company’s shares is THB3.0. Currently, the stock is being traded at THB2.9, which is a fair price that is undervalued by 2.1%. This presents an opportunity for investors to benefit from an attractive return on investment. More…
Peers
All of these companies are striving to become the leading real estate development company in the country, investing in innovative projects and striving to provide superior customer service and products. The competition between these companies is fierce and has pushed them all to new heights in terms of quality and efficiency.
– Sivarom Real Estate PCL ($SET:SVR)
Sivarom Real Estate PCL is a leading real estate company in Thailand that focuses on residential and commercial projects. With a market cap of 1.1B as of 2023, the company has been able to capitalize on its success in the real estate sector to reach a Return on Equity of 15.34%. This is indicative of the company’s ability to generate strong returns on its investments, which is a testament to the strength of Sivarom’s business model and the effectiveness of its management team. The company has also been able to expand its operations and increase its market share while maintaining a healthy balance sheet and staying ahead of the competition.
– Jakpaisan Estate PCL ($SET:JAK)
Jakpaisan Estate PCL is a Thailand-based real estate development and investment company. The company primarily owns and manages residential and commercial properties, as well as provides construction services. As of 2023, Jakpaisan Estate PCL had a market capitalization of 444.8 million, indicating that the company is a mid-cap stock. The company has a Return on Equity (ROE) of 1.55%, which is an acceptable measure of profitability. The ROE suggests that the company is able to generate returns for shareholders in proportion to their equity investments in the company.
– N.C. Housing PCL ($SET:NCH)
N.C. Housing PCL is a real estate development and investment company based in Thailand, with a mission to create and develop quality housing and lifestyle communities for the local community. As of 2023, the company has a market capitalization of 1.72 billion baht, reflecting its strong position in the industry. The company’s return on equity for the same year was 8.41%, which is higher than the industry average, demonstrating its sound financial standing and profitability. The company’s success can be attributed to its commitment to providing high-quality and affordable housing solutions that meet the needs of its customers.
Summary
M.K. REAL ESTATE DEVELOPMENT PUBLIC is an attractive investment option for those looking for dividend stocks. Over the past year, the company has issued an annual dividend of 0.0 THB per share, with a dividend yield of 5.14%. This rate is significantly higher than the average dividend yield across the market, making it a great option for those seeking exposure to dividends.
As well, the company has a track record of consistent dividend payments over the past year, providing investors with reliable income streams. Overall, M.K. REAL ESTATE DEVELOPMENT PUBLIC is a great stock to consider as part of a long-term investment portfolio.
