MJL Bangladesh (DHA:MJLBD) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:MJLBD MJL Bangladesh PLC DHA:MJLBD
100 GF Score
Price BDT94.10
GF Value BDT96.24
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is MJL Bangladesh Dividend Payout Ratio?

MJL Bangladesh DHA:MJLBD -0.74% 100 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates DHA:MJLBD with a GF Score™ of 100/100 and a GF Value™ of BDT96.24 (Fairly Valued). The stock has 10 warning signs investors should review. Among 435 Oil & Gas companies, MJL Bangladesh ranks worse than 81.15% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. MJL Bangladesh's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of MJL Bangladesh PLC is 1.05, which seems too high.

The historical rank and industry rank for MJL Bangladesh's Dividend Payout Ratio or its related term are showing as below:

DHA:MJLBD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.58   Max: 1.05
Current: 1.05


During the past 13 years, the highest Dividend Payout Ratio of MJL Bangladesh was 1.05. The lowest was 0.44. And the median was 0.58.

DHA:MJLBD's Dividend Payout Ratio is ranked worse than
81.15% of 435 companies
in the Oil & Gas industry
Industry Median: 0.5 vs DHA:MJLBD: 1.05

As of today (2026-07-26), the Dividend Yield % of MJL Bangladesh is 5.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MJL Bangladesh was 7.25%. The lowest was 2.27%. And the median was 5.57%.

MJL Bangladesh's Dividends per Share for the months ended in Mar. 2026 was BDT0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -1.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MJL Bangladesh was 43.20% per year. The lowest was -1.90% per year. And the median was 10.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


MJL Bangladesh (DHA:MJLBD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


MJL Bangladesh Dividend Payout Ratio Related Terms


MJL Bangladesh Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for MJL Bangladesh's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MJL Bangladesh Dividend Payout Ratio Chart

MJL Bangladesh Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.86 0.57 0.57 0.74

MJL Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 6.50 0.00

DHA:MJLBD vs VLO, MPC, PSX: Dividend Payout Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, MJL Bangladesh's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MJL Bangladesh Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MJL Bangladesh's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MJL Bangladesh's Dividend Payout Ratio falls into.


DHA:MJLBD
100GF Score
MJL Bangladesh PLC DHA:MJLBD
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MJL Bangladesh Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

MJL Bangladesh's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=5.2/ 7.067
=0.74

MJL Bangladesh's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 2.05
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
MJL Bangladesh (DHA:MJLBD) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on MJL Bangladesh and its competitors. Over the past decade, MJL Bangladesh's Dividend Payout Ratio has ranged from 0.44 to 1.05. According to the industry distribution chart, MJL Bangladesh ranks #353 out of 435 companies in the Oil & Gas industry, placing it in the top 81.1%.
Is MJL Bangladesh's Dividend Payout Ratio too high?
MJL Bangladesh's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.05. Based on the distribution chart, MJL Bangladesh ranks #353 out of 435 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, MJL Bangladesh has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MJL Bangladesh's Dividend Payout Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, MJL Bangladesh ranks #353 out of 435 companies for Dividend Payout Ratio. This places MJL Bangladesh in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Historically, MJL Bangladesh's own Dividend Payout Ratio has ranged from 0.44 to 1.05 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on MJL Bangladesh and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MJL Bangladesh's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJL Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, MJL Bangladesh (DHA:MJLBD) is currently considered Fairly Valued. The stock's GF Value™ is BDT96.24, compared to a current price of BDT94.10 — trading 2.2% below its estimated fair value. The current Dividend Payout Ratio is 0.00. MJL Bangladesh's overall GF Score™ is 100/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For MJL Bangladesh (DHA:MJLBD), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MJL Bangladesh (DHA:MJLBD) Overvalued in 2026?

Based on GuruFocus' analysis, MJL Bangladesh stock appears to be undervalued. The current stock price of BDT94.10 is trading 2.2% below its estimated GF Value™ of BDT96.24. GuruFocus considers MJL Bangladesh to be Fairly Valued.

Key valuation signals for DHA:MJLBD:

  • Dividend Payout Ratio: 0.00
  • GF Value™: BDT96.24 vs. price of BDT94.10 (2.2% below fair value)
  • GF Score™: 100/100 with 10 warning signs

No single metric tells the full story. See the DHA:MJLBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MJL Bangladesh Business Description

Industry EnergyOil & Gas
Address Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212
MJL Bangladesh PLC is engaged in the blending and marketing of internationally recognised Mobil-branded lubricants in Bangladesh and is also diversified into lube oil trading and oil tanker operations. The Company serves the lubricant market across both the B2B (business-to-business) and B2C (business-to-consumer) segments. The B2B market segments served comprise industrial lubricants, marine lubricants and aviation lubricants, while the B2C market segments served comprise passenger vehicle lubricants, commercial vehicle lubricants and aviation lubricants. The Company also has a small e-commerce sales channel through its Lube Solution digital app and a modest export presence through sales in Nepal. Its operations and distribution network extend across Bangladesh.
100GF Score

Get the complete analysis for DHA:MJLBD

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT94.10
Price
BDT96.24
GF Value