MyState Dividend

Dividend criteria checks 4/6

MyState is a dividend paying company with a current yield of 6.08% that is well covered by earnings.

Key information

6.1%

Dividend yield

-0.008%

Buyback Yield

Total Shareholder Yield6.1%
Future Dividend Yield7.5%
Dividend Growth-0.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareAU$0.230
Payout ratio72%

Recent dividend updates

Recent updates

Stability 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
How does MYS dividend yield compare to the market?
SegmentDividend Yield
Company (MYS)6.1%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.2%
Industry Average (Banks)4.1%
Analyst forecast (MYS) (up to 3 years)7.5%

Notable Dividend: MYS's dividend (6.08%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).

High Dividend: MYS's dividend (6.08%) is in the top 25% of dividend payers in the Australian market (6.08%)


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 (70.8% payout ratio).


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