MGP Ingredients Dividends and Buybacks
Dividend criteria checks 3/6
MGP Ingredients is a dividend paying company with a current yield of 0.94% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
0.9%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 4.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.480 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Nov 07
MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12
Nov 04MGP Ingredients: Getting Caught In Weak Spirit Demand In Q3
Oct 21MGP Ingredients (NASDAQ:MGPI) Has A Pretty Healthy Balance Sheet
Oct 19Positive Sentiment Still Eludes MGP Ingredients, Inc. (NASDAQ:MGPI) Following 27% Share Price Slump
Oct 19MGP Ingredients, Inc.'s (NASDAQ:MGPI) Earnings Haven't Escaped The Attention Of Investors
Aug 27Intrinsic Valuation Of MGP Ingredients Reveals It's Overvalued
Aug 04MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly
Jul 12MGP Ingredients: Modest Organic Growth Likely Ahead After 2024 Distillery Closure
Jun 18MGP Ingredients, Inc. (NASDAQ:MGPI) Might Not Be As Mispriced As It Looks
May 24MGP Ingredients: Tax Tariff Extension And Move Away From White Goods
Feb 07We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt
Jan 05MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark
Dec 18Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?
Nov 30Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?
May 23Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?
May 07What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?
Mar 09Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?
Jan 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGPI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGPI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MGP Ingredients Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGPI) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Beverage) | 3.0% |
| Analyst forecast (MGPI) (up to 3 years) | 0.9% |
Notable Dividend: MGPI's dividend (0.94%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: MGPI's dividend (0.94%) is low compared to the top 25% of dividend payers in the US market (4.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10%), MGPI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), MGPI's dividend payments are well covered by cash flows.