MyState Dividend
Dividend criteria checks 4/6
MyState is a dividend paying company with a current yield of 6.17% that is well covered by earnings.
Key information
6.2%
Dividend yield
72%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.230 |
| Earnings per share | AU$0.32 |
| Dividend yield forecast | 7.6% |
Recent dividend updates
MyState's (ASX:MYS) Dividend Will Be A$0.115
Aug 21
MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13
Feb 21Recent updates
MyState's (ASX:MYS) Dividend Will Be A$0.115
Aug 21MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13
Feb 21We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right
Oct 13MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20
Feb 20
How Much Is MyState Limited (ASX:MYS) Paying Its CEO?
Jan 18Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return?
Nov 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MYS's dividend payments have been volatile in the past 10 years.
Growing Dividend: MYS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| MyState Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MYS) | 6.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Banks) | 4.1% |
| Analyst forecast (MYS) (up to 3 years) | 7.6% |
Notable Dividend: MYS's dividend (6.17%) is higher than the bottom 25% of dividend payers in the Australian market (2.74%).
High Dividend: MYS's dividend (6.17%) is in the top 25% of dividend payers in the Australian market (6.09%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.8%), MYS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MYS's dividends in 3 years are forecast to be covered by earnings (71.2% payout ratio).