Martinrea International Dividend
Dividend criteria checks 4/6
Martinrea International is a dividend paying company with a current yield of 1.71% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.7%
Dividend yield
11%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 15 Oct 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | CA$0.200 |
Earnings per share | CA$1.88 |
Dividend yield forecast | 1.7% |
Recent dividend updates
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Aug 12Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Jun 14Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 14Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 05Recent updates
Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Aug 12Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Jun 14Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 14Martinrea International's (TSE:MRE) Soft Earnings Are Actually Better Than They Appear
May 09Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 05We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt
Mar 03Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Dec 14We Think Martinrea International (TSE:MRE) Is Taking Some Risk With Its Debt
Oct 19Martinrea International (TSE:MRE) Has Affirmed Its Dividend Of CA$0.05
Sep 05Martinrea International's (TSE:MRE) Dividend Will Be CA$0.05
Aug 22Here's Why We Think Martinrea International (TSE:MRE) Is Well Worth Watching
Aug 13Martinrea International (TSE:MRE) May Have Issues Allocating Its Capital
Jul 22Does Martinrea International (TSE:MRE) Have A Healthy Balance Sheet?
Jun 08Martinrea International (TSE:MRE) Is Due To Pay A Dividend Of CA$0.05
May 12An Intrinsic Calculation For Martinrea International Inc. (TSE:MRE) Suggests It's 37% Undervalued
May 07Martinrea International (TSE:MRE) Is Paying Out A Dividend Of CA$0.05
Mar 07Some Investors May Be Worried About Martinrea International's (TSE:MRE) Returns On Capital
Mar 04Is Martinrea International (TSE:MRE) A Risky Investment?
Jan 27Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Dec 11Martinrea International (TSE:MRE) Will Pay A Dividend Of CA$0.05
Nov 17Capital Allocation Trends At Martinrea International (TSE:MRE) Aren't Ideal
Sep 30Martinrea International (TSE:MRE) Seems To Be Using A Lot Of Debt
Jun 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRE's dividends per share have been stable in the past 10 years.
Growing Dividend: MRE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Martinrea International Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MRE) | 1.7% |
Market Bottom 25% (CA) | 1.7% |
Market Top 25% (CA) | 5.9% |
Industry Average (Auto Components) | 2.7% |
Analyst forecast (MRE) (up to 3 years) | 1.7% |
Notable Dividend: MRE's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: MRE's dividend (1.71%) is low compared to the top 25% of dividend payers in the Canadian market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.1%), MRE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.2%), MRE's dividend payments are thoroughly covered by cash flows.