Mullen Group Dividends and Buybacks
Dividend criteria checks 3/6
Mullen Group is a dividend paying company with a current yield of 5.71% that is well covered by earnings.
Key information
5.7%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.840 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06
May 28
Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Mar 24Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06
Feb 26Mullen Group Ltd. (TSE:MTL) Just Released Its Full-Year Earnings: Here's What Analysts Think
Feb 18Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Jan 28Mullen Group (TSE:MTL) Is Experiencing Growth In Returns On Capital
Dec 15Mullen Group (TSE:MTL) Is Due To Pay A Dividend Of CA$0.06
Nov 28Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Sep 26Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Aug 27Should You Be Adding Mullen Group (TSE:MTL) To Your Watchlist Today?
Aug 22Mullen Group's (TSE:MTL) Dividend Will Be CA$0.06
Jul 21Mullen Group (TSE:MTL) Has Affirmed Its Dividend Of CA$0.06
Jun 27Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet
Jun 14An Intrinsic Calculation For Mullen Group Ltd. (TSE:MTL) Suggests It's 40% Undervalued
Apr 27Mullen Group (TSE:MTL) Will Pay A Dividend Of CA$0.06
Mar 28Mullen Group (TSE:MTL) Is Paying Out A Dividend Of CA$0.06
Feb 25Mullen Group (TSE:MTL) Has Announced A Dividend Of CA$0.06
Jan 27Mullen Group (TSE:MTL) Has A Pretty Healthy Balance Sheet
Jan 10Mullen Group (TSE:MTL) Shareholders Will Want The ROCE Trajectory To Continue
Nov 25If EPS Growth Is Important To You, Mullen Group (TSE:MTL) Presents An Opportunity
Oct 21Mullen Group (TSE:MTL) Seems To Use Debt Quite Sensibly
Oct 05Is It Time To Consider Buying Mullen Group Ltd. (TSE:MTL)?
Sep 09Do Mullen Group's (TSE:MTL) Earnings Warrant Your Attention?
Jul 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTL's dividend payments have been volatile in the past 10 years.
Growing Dividend: MTL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mullen Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTL) | 5.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Transportation) | 1.7% |
| Analyst forecast (MTL) (up to 3 years) | 6.3% |
Notable Dividend: MTL's dividend (5.71%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: MTL's dividend (5.71%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), MTL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), MTL's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mullen Group Ltd. is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Dana Benner | ATB Capital Markets |
| John Gibson | BMO Capital Markets Equity Research |