Mpact Limited engages in the paper and plastic packaging and recycling business in South Africa. It operates through Paper and Plastics segments. The company manufactures recycled-based packaging and industrial paper grades, such as containerboards and carton boards; and a range of printed and unprinted converted corrugated products, including boards for use in the manufacture of corrugated packaging, corrugated boxes, die-cut cases, folded glued cases, trays, and point-of-sale displays, cups, lids, and bags. It also sells Mondi ProVantage Baywhite white top kraftliner and Mondi ProVantage BayKraf kraftliner products; and recycles paper through various recovered paper sources comprising pre-and post-consumer materials. In addition, the company manufactures various plastic packaging products, such as polyethylene-terephthalate (PET) preforms, bottles, and jars; closures for food and beverage, household, and chemical markets; plastic jumbo bins, wheelie bins, and pallets and crates; FMCG rigid plastic packaging products; polystyrene and PET trays; and vinyl films. It offers packaging and industrial paper products to corrugated board and box producers, and other containerboard converters; carton boards to folding carton and other producers of industrial products, as well as users of cards and book covers; corrugated products to producers of agricultural, fast moving consumer goods, and other durable and non-durable goods; and plastic packaging products to food, beverage, personal care, home care, pharmaceutical, agricultural, and retail markets. The company is headquartered in Johannesburg, South Africa.
Mpact Dividend Announcement
• Mpact announced a semi annually dividend of R30.00 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-28
• Mpact annual dividend for 2024 was R105.00
• Mpact annual dividend for 2023 was R120.00
• Mpact's trailing twelve-month (TTM) dividend yield is 3.6%
• Mpact's payout ratio for the trailing twelve months (TTM) is 28.71%
Mpact Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | R30.00 | semi annually | 2024-09-02 |
2024-04-03 | R75.00 | semi annually | 2024-04-08 |
2023-08-30 | R45.00 | semi annually | 2023-09-04 |
2023-03-29 | R75.00 | semi annually | 2023-04-03 |
2022-08-31 | R40.00 | semi annually | 2022-09-05 |
2022-03-30 | R50.00 | semi annually | 2022-04-04 |
2020-09-02 | R42.00 | semi annually | 2020-09-07 |
2020-04-01 | R42.00 | semi annually | |
2019-09-04 | R18.00 | semi annually | 2019-09-09 |
2019-04-03 | R55.00 | semi annually | 2019-04-08 |
2018-09-05 | R15.00 | semi annually | 2018-09-07 |
2018-03-27 | R40.00 | semi annually | 2018-03-29 |
2017-09-06 | R15.00 | semi annually | 2017-09-08 |
2017-03-29 | R65.00 | semi annually | 2017-03-31 |
2016-09-07 | R30.00 | semi annually | |
2016-04-11 | R80.00 | semi annually | |
2015-08-31 | R30.00 | semi annually | |
2015-04-13 | R66.00 | semi annually | |
2014-09-08 | R26.00 | semi annually | |
2014-05-02 | R58.00 | semi annually | |
2013-09-09 | R22.00 | semi annually | |
2013-04-22 | R50.00 | semi annually | |
2012-10-01 | R20.00 | semi annually | |
2012-04-20 | R40.00 | semi annually |
Mpact Dividend per year
Mpact Dividend growth
Mpact Dividend Yield
Mpact current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing Mpact stock? Use our calculator to estimate your expected dividend yield:
Mpact Financial Ratios
Mpact Dividend FAQ
Other factors to consider when evaluating Mpact as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Mpact's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mpact publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mpact distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mpact are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Mpact sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mpact distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mpact declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Mpact's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mpact's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.